Union Minister Sarbananda Sonowal inaugurates Sittwe Port to enhance trade between India and Myanmar

Union Minister Sarbananda Sonowal inaugurates Sittwe Port to enhance trade between India and Myanmar

He further said that India is committed to the development and prosperity of the people of Myanmar through developmental initiatives such as the Sittwe Port.

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Union Minister Sarbananda Sonowal inaugurates Sittwe Port to enhance trade between India and Myanmar Sarbananda Sonowal during the inauguration of Sittwe Port

Union Minister of Ports, Shipping & Waterways Ayush Sarbananda Sonowal along with Deputy Prime Minster of Myanmar inaugurated the strategic Sittwe Port in the Rakhine state of Myanmar on May 9. 

Besides Sonowal and Myanmar Deputy Prime Minister, Union Minister for Transport & Communication was also present on the occasion.  

''Today is a historic day for both India and Myanmar as we further our relationship for mutual growth & cooperation in trade and commerce with the commencement of operations at the Sittwe Port. The port provides an ample scope to unlock huge value in trade and commerce between India and Myanmar, especially between Northeast India and the Rakhine state of Myanmar,'' said Sonowal while speaking on the occasion. 

'It provides an efficient conduit for the trade interests of Northeast India for far economical and swift transportation between Kolkata and Northeast India. Under the dynamic leadership of Prime Minister Shri Narendra Modi ji, the work at the Sittwe Port was accelerated as we continue under Modi ji’s leadership to enable and empower the potential and possibilities of Northeast India,'' he added. 

He further said that India is committed to the development and prosperity of the people of Myanmar through developmental initiatives such as the Sittwe Port, adding, ''I am confident that the Sittwe port will act as the gateway of India to Southeast Asia, ushering growth & progress”.

Sittwe Port has been developed as a part of the Kaladan MultiModal Transit Transport Project (KMTTP) funded under grant-in-aid assistance from the Government of India. Once fully operationalized, the Sittwe port will link the East coast of India to the North-eastern states, resulting in considerable savings in cost and time as well as providing an alternative route for Northeast India to access International Sea Route via Sittwe port.

Adding further, Sarbananda Sonowal further said that under India's Act East initiative, Sittwe Port is part of the $484 million Kaladan Multimodal Transit Transport Project (KMTTP), being constructed by the Government of India in Myanmar. 

''The operationalization of Sittwe Port would enhance bilateral and regional trade as well as contribute to the local economy of Rakhine State of Myanmar. The greater connectivity provided by the Port will lead to employment opportunities and enhanced growth prospects in the region. As India enters Amrit Kaal, I am confident that this important landmark will play a pivotal role in ushering growth & development for the people of the region in the days to come. Led by Hon'ble PM Shri Narendra Modi Ji's Act East policy, we are striving to develop these ties for the greater benefit of both nations,'' he added.

Apart from Northeast India, this port will also unlock huge commercial potential for Bangladesh, Bhutan, and even Nepal - apart from India and Myanmar - by acting as a bridge with South East Asia. 

''This is the true reflection of the implementation of ‘Sabka Saath, Sabka Vikas’ philosophy of Modi ji,” he said.

The seaport with a maximum capacity of 20,000 DWT will make Sittwe the maritime hub of Myanmar, drastically reducing the transportation cost of cargo from other parts of India to North East India, and opening up unprecedented avenues of economic growth in the region. KMTTP comprises 4 sections - from India to Sittwe Port via maritime shipping, from Sittwe to Paletwa via Kaladan River, from Paletwa to Indo-Myanmar border via road, and from the border to our NH via road. 

Earlier, MV-ITT LION (V-273) was received earlier by Union Minister Sonowal and Deputy Prime Minister of Myanmar Admiral Aung San at the newly inaugurated Sittwe port. The ship was carrying 20,000 bags containing 1,000 metric tonnes of cement.

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 port connects to Paletwa in Myanmar through an inland waterway and from Paletwa to Zorinpui in Mizoram through a road component. Once fully operationalized, the Sittwe Port will provide alternate connectivity from the Eastern coast of India to the Northeastern states.

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Edited By: Amit Chaurasia
Published On: May 09, 2023
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