ASIA NEWS NETWORK

WE KNOW ASIA BETTER

» News

Trilateral road connectivity serviceable by 2016

Publication Date : 22-08-2012

 

The construction of a 3200-km-long tripartite highway connecting India, Myanmar and Thailand will be finished by 2016, according to Malaysia's Bernama news agency.

India, one of six partner countries of Asean, has provided a loan of US$500 million to Myanmar, which will spend part of the loan on the highway project, the Indian ambassador to Thailand said.

It is reported that half of the highway, a section from the northeastern parts of India to Myanmar, will undergo reconstructions and repairs.

"The highway will link India with Mandalay in Myanmar through the section under construction on Thai border just 63 kilometres away from Myanmar,” the Indian ambassador told The Nation in an interview.

He said the trilateral road connectivity would enable goods to be transported among the three countries, thereby promoting trading and investment and creating job opportunities.

Asia Development Bank and World Bank are among the institutions that provide monetary aid to the project.

The highway is expected to serve as an east-west economic corridor for India, Myanmar, Thailand, Laos, Cambodia and Vietnam.

There is also a north-south economic corridor linking the southern China with Malaysia and Singapore through major Southeast Asian countries like Myanmar and Thailand.

 

Mobile Apps Newsletters ANN on You Tube