Foreign Ministers of BIMSTEC member countries approved in principle around
167 projects to improve connectivity in the region. The projects, detailed
in a study by the Asian Development Bank, are worth an estimated $50
billion. It includes transportation and cross-border facilitation,
multimodal transport and logistics, infrastructure development, aviation,
maritime transport, human resources development, communication linkages, and
networking in the region.
Tags: Connectivity, Transport, BIMSTEC, Aviation, Logistics
The Nepal Intermodal Transport Development Board (NITDB) is upgrading the inland container depot in Birgunj, Nepal, to give it the capacity to handle dusty cargo, such as cement clinker and fly ash. NITDB is also planning to develop railway tracks to be linked directly to the new warehouses.
Tags: India, Nepal, Trade Facilitation, Rail, Logistics
The author highlights how fast-paced infrastructure development could help unlock competencies of India’s northeast region. With the Government of India's focus on promoting the northeastern region as a key trade gateway, projects such as the 1,400 kilometer India-Myanmar-Thailand highway and the SASEC Road Connectivity project, promises to boost the country's trade and commerce, and enhance India’s logistics capabilities.
Tags: India, Myanmar, Thailand, SASEC, Road, Logistics