November 9,2016
The
Kaladan Multi-modal Transport Transit Project (KMTTP) between Myanmar and India
is expected to be completed in December, according to Myanma Port Authority.
The
Kaladan Multi-Modal transport project connects the eastern Indian seaport of
Kolkata with Sittwe seaport in Myanmar by sea. It also then links the Sittwe
seaport to Paletwa via the Kaladan River boat route and then from Paletwa on to
Mizoram by road transport.
The
project, which costs about US$480 million, involves developing Sittwe to handle
20,000-ton vessels (up from the 2,000 to 3,000-ton ships it handles at
present); dredging the River Kaladan from Sittwe to Paletwa (a 158 km stretch)
to improve its navigability; building an inland terminal at Paletwa where cargo
will be shifted from barges to trucks; and constructing a 129-km-long highway
linking Paletwa to the Indian border.
“The
project would boost trade between Myanmar and India and would also help Myanmar
to trade not only with India but also with other foreign countries thanks to
emergence of new ports,” said a statement released by the Myanmar Port
Authority.
Ref;
The Global New Light of Myanmar
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