Compiled features on recent developments in regional cooperation and integration in the SASEC region.
The Land Ports Authority of India aims to establish an Integrated Check Post (ICP) in Sabroom (India) by the end of 2022. This ICP is envisioned to facilitate seamless trade and people-to-people movement with Bangladesh. Sabroom is a border town in the South Tripura district.
Tags: Logistics, ICP, India, Tripura, Trade Facilitation
The Government of India and the Asian Development Bank (ADB) signed a project readiness financing (PRF) facility worth $4.21 million for the Tripura Urban and Tourism Development Project. The Government of India will provide complementary financing of $1.05 million. The PRF will support the state government of Tripura in preparing infrastructure development projects that will upgrade the state’s urban amenities and boost its tourism infrastructure.
Tags: India, ADB, Tourism, Urban Development, Tripura