India

First Cargo Ship To India-Funded Myanmar Port Flagged Off From Kolkata Port Today

A cargo ship was flagged off on a trial run from Kolkata port to a facility at Sittwe in Myanmar which is funded by India as part of the Kaladan Multimodal Transit Transport project (KMTTP) on Thursday, May 4. The ship carrying 20,000 bags containing 1,000 metric tonnes of cement will reach Sittwe Port on May 9.

The inaugural cargo ship ‘MV-ITT LION (V-273)’ was flagged off by Shantanu Thakur, Union Minister of State for Ports, Shipping and Waterways.

Cargo Ship To India

The aim of the Kaladan Multimodal Transit Transport project is to provide an alternative link to the North East region from Kolkata Port through Sittwe Port. The port connects to Paletwa in Myanmar through an inland waterway and from Paletwa to Zorinpui in Mizoram through a road component.

Once fully operationalised, KMTTP will provide alternate connectivity from the East Coast of India to the Northeastern states through the Sittwe port.
The Government of India provided grant assistance for the port as part of the KMTTP. The Inland Waterways Authority of India (IWAI), as a project Development Consultant for the implementation of Port and IWT components of the work, has successfully completed the work.

The Sittwe Port has been developed under a framework agreement between India and Myanmar for the construction and operation of a Multimodal Transit Transport Facility on the Kaladan River connecting the Sittwe Port in Myanmar with the state of Mizoram in India.

Once fully operationalised, KMTTP will provide alternate connectivity from the East Coast of India to the Northeastern states through the Sittwe port.
The Government of India provided grant assistance for the port as part of the KMTTP. The Inland Waterways Authority of India (IWAI), as a project Development Consultant for the implementation of Port and IWT components of the work, has successfully completed the work.

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The Sittwe Port has been developed under a framework agreement between India and Myanmar for the construction and operation of a Multimodal Transit Transport Facility on the Kaladan River connecting the Sittwe Port in Myanmar with the state of Mizoram in India.

The facility will open up new opportunities for trade and transit to and from Myanmar, particularly the Rakhine State and further enhance trade and commerce between the two countries and the wider region.

Source ANI

Bharat Express English

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