Completion of India-Myanmar Kaladan Project Set for 2014
- Business & Finance
First phase of Kaladan Multipurpose Transportation Project which is jointly being implemented by Myanmar and India, will be completed by June, 2014, according to the project’s contractor Essar Company.
The first phase of this development project has been completed by 70 percent.
Essar Company is implementing the project in a several phases:
– Phase one is the construction of Sittway Deep Seaport, Paletwa jetty and the Kaladan waterway dredging work;
– In the second phase, finalization of design for a 109.2 km-long-road linking Paletwa with the border region is being carried out.
Source: moi.gov.mm, December 27, 2013