Indo-Myanmar multi modal transit transport to cost Rs 545 cr

New Delhi, Feb 27 (UNI) The Government today said the Kaladan Multi-Modal transit transport project envisages connectivity between Indian ports on the eastern seaboard and Sittwe Port in Myanmar thereby providing an alternate route for transport of goods to Northeast India through Myanmar.

External Affairs Minister Pranab Mukherjee in a written reply in the Lok Sabha, said the approximate cost of the project was expected to be Rs 545 crore.

He said the time frame for the project was five years from the date of actual commencement of the project, which will start after the agreement and the protocols were signed by the two governments.

UNI BKS SP DS1335