The Minister of State for Shipping, Road Transport and Chemicals and Fertilisers, Mr Mansukh L. Mandaviya, has informed that infrastructure at Sittwe port in Myanmar, constructed with India’s assistance, is ready for operation.
The Minister said that the construction of Sittwe port is part of the Kaladan Multi Modal Transit Transport Project. Its objective is to create a multimodal sea, river and road transport corridor for shipment of cargo from the eastern ports of India to Myanmar through Sittwe port as well as to the North-Eastern part of India via Myanmar. Once fully operational, the project would encourage investment and trade and also open up alternate routes for connectivity to the North-East region. The approved construction cost of Sittwe port and inland water terminals at Sittwe and Paletwa is Rs 517.29 crore.
A bilateral Memorandum of Understanding (MoU) was signed between the governments of India and Myanmar on October 22, 2018 for operationalisation of the Port at Sittwe and Inland Water Transport (IWT) Terminals at Sittwe and Paletwa, the Minister added.