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MoU on operationalization of Sittwe Port
October 25 , 2018
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- India and Myanmar inked a crucial MoU for appointment of private port operator for Operation and Maintenance (O&M) of Sittwe Port, Paletwa Inland Water Terminal and associated facilities included in Kaladan Multi Model Transit Transport Project.
- Sittwe port in Myanmar will connect India’s landlocked north-east region to Bay of Bengal through Mizoram.
- It will also provide an alternate route to Kolkata. It is also significant step in the implementation of India’s Act East policy.
Kaladan Multi-Modal Transit Transport Project
- This project aims to connect seaport of Kolkata (India) with Sittwe seaport in Myanmar by sea.
- It will then link Sittwe seaport to Lashio in Myanmar via Kaladan river boat route and then from Lashio to Mizoram in India by road transport.
- This project will reduce distance from Kolkata to Mizoram by approximately 1000 km and cut travelling time to 3-4 days for transport of goods.
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