Singh said the state could well become the main gateway to Southeast Asia via the land route as work on the four-lane highway is on in full swing.
"Land related issued have been solved and land acquisition completed," Singh told a visiting group of journalists recently.
Work on the Jiribam-Imphal railway line is also going on and the project has a deadline of December 2020 to be operational and bring Manipur on the Indian Railway map.
The 111-km long railway line passes through several tunnels and will also have a number of bridges owing to the hilly terrain it has to cover to reach the Imphal valley.
The chief minister expressed hope that the completion of the highway and railway projects will bring much-needed attention to the state from entrepreneurs.
The state has been plagued by decades-long insurgency with a number of militant groups still active in the hills and also the valley.
Army and Assam Rifles officials, who spearhead anti-insurgency operations in the state, said though militancy is on the wane, extortion by many of these groups remain a problem.
"Manipur is now a totally peaceful state," the chief minister said.
Admitting that the problem of extortion remains, Singh said the issue will also be solved once successful deliberations are held with the insurgent groups, whom he has invited for talks.
An Integrated Check Post (ICP) is being built at Moreh on the India-Myammar border on NH-39, which is located about 110 km away from Imphal. Tamu is the corresponding town on the Myanmar side of the ICP, Moreh.
Though a Land Customs Station (LCS) exists at Moreh to handle trade, a sprawling new station is being built anticipating a surge in trade volume.
The facilities at the ICP would include customs and immigration, passenger terminal, warehouse for import and cargo building truck parking area.
Transhipment of cargo would be done at the new land port at Moreh, the official said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)