Construction work on a trilateral highway connecting the north-eastern states of India with Myanmar and Thailand has begun. The trilateral highway, which is expected to be completed by 2016, will play an important role in promoting and boosting trade and investment flows between the three countries, allowing freight and container trucks to move across the borders of India, Myanmar and Thailand. The north-eastern states of India – Nagaland, Mizoram, Manipur and Arunachal Pradesh – are expected to benefit from access to facilities such as the planned Dawei deep sea-water port and the industrial estate in Myanmar. Mayanmar has received a $500 million loan for building a 3,200km highway as a part of the project. Other sources of funding for the project include the Asian Development Bank and the World Bank.
Tagged with: Asian Development Bank Trilateral Highway World Bank