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Sittwe port of Myanmar to be operational in 6 months: IWAI

Press Trust of India  |  Kolkata 

The port in will be operational during the next six months as tendering to appoint a private operator will be floated by December-end or January, a top (IWAI) said Friday.

has developed the port as part of bilateral development programs for the neighbour with an overall commitment of USD 1.75 billion.

The port under the Kaladan Multi Modal Transit Transport Project will connect India's landlocked northeastern region to the through It will also provide an alternate route to Kolkata.

"Tendering for port will be floated in December or latest by January. The port will be operational within next six months," said on the sidelines of The Bengal Chamber organised annual shipping conclave.

and in October inked an MoU for the appointment of a private operator of the that promises to boost connectivity.

The project will also boost riverine transport that have already crossed 6 million tonnes of cargo on the Ganga during April to October and this is expected to touch 8 million tonnes by end of this fiscal, an said.

Developing the port is believed to be a major step in the implementation of India's Act East Policy.

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

First Published: Fri, December 07 2018. 22:13 IST