+
Myanmar rides on Sittwe Port for uplifting Arakan economy
PORTS & SHIPPING

Myanmar rides on Sittwe Port for uplifting Arakan economy

Myanmar is hoping its India-built Sittwe Port will be a game changer in regional connectivity and boost its trade with India. The port, which is part of Kaladan multi-modal transit transport project, was opened on May 9. The project seeks to provide an alternative route for connectivity from India’s eastern coast to the north-eastern states through the Sittwe Port. The port links to Paletwa in Myanmar via an inland waterway and a road segment from Paletwa to Zorinpui in Mizoram. Locals hope that direct trade with India will bring economic prosperity for Arakan state.

Agreements are in the pipeline between the two countries for launching direct trade. Myanmar and India are yet to sign a coastal shipping pact to launch trade between Sittwe and Kolkata. The two governments have to decide how many times cargo will be shipped between Kolkata and Sittwe. For example, they can choose to operate one ship a week or two ships a month. Shipping lines will not get much profit during the initial operation.

The port has been opened, but it will be operational only after a shipping line that will run regularly between Koklata and Sittwe is launched. U Tin Aung Oo, chairman, Rakhine State Chamber of Commerce and Industry, is optimistic about the port. “Currently, Bangladesh is the only country Arakan state trades with, and it is the cross-border trade.

Through Sittwe Port, we will be able to trade directly with India’s Kolkata Port. This means there will be more choices for traders. There will also be more job opportunities. I assume that the trade will improve,” U Tin told local media.

Myanmar is hoping its India-built Sittwe Port will be a game changer in regional connectivity and boost its trade with India. The port, which is part of Kaladan multi-modal transit transport project, was opened on May 9. The project seeks to provide an alternative route for connectivity from India’s eastern coast to the north-eastern states through the Sittwe Port. The port links to Paletwa in Myanmar via an inland waterway and a road segment from Paletwa to Zorinpui in Mizoram. Locals hope that direct trade with India will bring economic prosperity for Arakan state.Agreements are in the pipeline between the two countries for launching direct trade. Myanmar and India are yet to sign a coastal shipping pact to launch trade between Sittwe and Kolkata. The two governments have to decide how many times cargo will be shipped between Kolkata and Sittwe. For example, they can choose to operate one ship a week or two ships a month. Shipping lines will not get much profit during the initial operation.The port has been opened, but it will be operational only after a shipping line that will run regularly between Koklata and Sittwe is launched. U Tin Aung Oo, chairman, Rakhine State Chamber of Commerce and Industry, is optimistic about the port. “Currently, Bangladesh is the only country Arakan state trades with, and it is the cross-border trade.Through Sittwe Port, we will be able to trade directly with India’s Kolkata Port. This means there will be more choices for traders. There will also be more job opportunities. I assume that the trade will improve,” U Tin told local media.

Next Story
Infrastructure Transport

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Next Story
Infrastructure Transport

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Next Story
Infrastructure Urban

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement