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'Sittwe Port in Myanmar is ready for operations'

IANS  |  Kolkata 

Port in Myanmar, being administered by the under the to facilitate connectivity between the mainland and the north eastern states of the country is "ready" for operations, an said on Friday.

A tender will be floated this month or January for appointing an operator for the port and movement of ships is expected in six months, once the operator takes over, the said.

The project was jointly identified by and to create a multi-modal mode of transport for shipment of cargo from mainland to as well as to the north-eastern part of through

This project, which will connect Port in Myanmar to the India-Myanmar border, is expected to contribute to the economic development of the north-eastern states by opening up the sea route for goods.

"Port along with the river port at Paletwa is ready for operations. We are going to float a tender this month or latest by January to appoint an operator. I think movement of ships from the is expected in about six months, once the operator takes over," Inland Waterways Development Authority's said.

The project is expected to reduce pressure on the Siliguri Corridor, and since the project is of political and strategic significance, it was decided to execute it through India's grant assistance to Myanmar.

Pandey said currently contributes about 1.8 per cent of the cargo movement, up from 0.5 per cent four to five years ago, and adding it with coastal routes, the waterways' share is around 6 per cent.

About 5.8 million tonnes of cargo was transported on the river during 2017-18, up from 2 million tonnes in 2011-12.

"We have crossed 6 million tonnes of on the from April to October and this is expected to touch 8 million tonnes by end of this fiscal," Pandey said at an event of the and Industry.

According to him, the on National Waterways 1 (NW-I) from to could be brought down to five days from about eight days, taken in some of the latest cargo movement, only after the night navigation system and river information stations become functional.

The multi-modal terminal at Sahibganj in would be ready by March 2019 and the same at Haldia in would be completed by the end of next year.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, December 07 2018. 20:12 IST
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