Boost to trade ties with Myanmar: Sittwe port inaugurated, Union min Sarbananda Sonowal recieves first Indian cargo ship in Rakhine
First Published: 9th May, 2023 21:36 IST
The operationalisation of Sittwe Port would enhance bilateral and regional trade as well as contribute to the local economy of the Rakhine State of Myanmar.
Union Minister for Ports, Shipping and Waterways and AYUSH Sarbananda Sonowal and Myanmar Deputy Prime Minister and Minister for Transport and Communications Admiral Tin Aung San jointly inaugurated the Sittwe Port in Rakhine State, Myanmar today.
During this event, they received the first Indian cargo ship which was flagged off from Syama Prasad Mookerjee Port, Kolkata.
The operationalisation of Sittwe Port would enhance bilateral and regional trade as well as contribute to the local economy of the Rakhine State of Myanmar. The greater connectivity provided by the Port will lead to employment opportunities and enhanced growth prospects in the region.
In his remarks at the inauguration ceremony, Union Minister for Ports, Shipping and Waterways Sonowal highlighted the close historical, cultural and economic ties between India and Myanmar, particularly the Rakhine State of Myanmar.
He reiterated India’s longstanding commitment towards the development and prosperity of the people of Myanmar through developmental initiatives such as the Sittwe Port.
This project was conceptualised to provide alternative connectivity of Mizoram with Haldia / Kolkata / any Indian ports through the Kaladan River in Myanmar. The project envisages highway/road transport from Mizoram to Paletwa (Myanmar), thereafter from Paletwa to Sittwe (Myanmar) by Inland Water Transport (IWT) and from Sittwe to any port in India by maritime shipping.
Sittwe Port has been developed as a part of the Kaladan Multi-Modal Transit Transport Project (KMTTP) funded under grant-in-aid assistance from the Government of India. Once fully operationalised the waterway and road components of KMTTP will link the East coast of India to the North-eastern states through the Sittwe port.
ANI
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