News Snapshot:
New Delhi: Fifteen years after it was approved, the waterway component of the Kaladan Multimodal Transit Transport project (KMTTP) is set to become operational next month, with the first commercial cargo movement starting from Kolkata to Sittwe port in Myanmar, senior government officials told ThePrint. The deep-water port at Sittwe is part of the Rs 3,200 crore Kaladan Multi-Modal Transit Transport Project (KMTTP). Piloted by the Ministry of External Affairs and first approved in 2008, the project is aimed at boosting trade and commerce between India and Myanmar and easing access to other South Asian countries. Once ready, it will...
