Kaladan project’s port and river terminal completed
12 July 19 - Source: Mizzima - The construction of Sittwe's sea-port and the inland water terminal in Paletwa has been completed, the Indian embassy said in a July 9 statement in Yangon.
The sea-port and water terminal forms part of the US$484 million Kaladan multi-modal transit transport project that would link Kolkata in India to Sittwe in Rakhine State and then link Sittwe via a river route to Paletwa in Chin State and from Paletwa by road to Zorinpui in India's northeastern state of Mizoram.
The Indian government has also invited companies keen to operate and maintain the sea-port and water terminal. The road portion of the project from Paletwa to Zorinpui is still under construction with its completion to help support the growth of bilateral trade between Myanmar and India.
The project was first mooted in 2008 when both countries signed an agreement to connect the Kolkata and Sittwe sea-ports. – Translated