Kaladan Multi Modal Transit Transport Project First run of a | UPSC PIB NEWS

Kaladan Multi Modal Transit Transport Project

First run of a vessel from Syama Prasad Mookerjee Port to Sittwe Port Myanmar developed under Kaladan Multi Modal Transit Transport Project.

Key Details :

Prime Minister Modi has hailed the inaugural run of vessel from Syama Prasad Mookerjee Port to Sittwe Port Myanmar developed under Kaladan Multi Modal Transit Transport Project.

Kolkata Port, officially known as Syama Prasad Mookerjee Port Trust (formerly Kolkata Port Trust), is the only riverine major port of India.

According to an official statement, cargo ship MV-ITT LION (V-273) carrying 20,000 bags containing 1,000 metric tonnes of cement will reach Sittwe Port on May 9, 2023.

The port has been built under grant assistance from India as part of the Kaladan Multimodal Transit Transport Project (KMTTP).

The Inland Waterways Authority of India (IWAI), as a project development consultant for the implementation of the Port and IWT components of the work, has successfully completed the work.

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 Sittwe Port with Mizoram in India.

The cost and time of transportation of goods between Kolkata and Agartala and Aizwal are expected to decrease by more than 50 per cent.


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