♤ The project is being implemented with GoI’s grant assistance under the head of ‘Aid to

Myanmar

♤ By Early 2017, Under waterways component, Port and Inland Water Transport (IWT) terminal at Sittwe and related infrastructure/back up facilities; IWT/trans-shipment terminal and related facilities at Paletwa; navigational channel along Kaladan river from Sittwe to Paletwa and six self-propelled IWT vessels have been completed.

♤ The construction of the road component is behind schedule. The work on road construction has already been awarded on 17 March 2017 and the construction period is 36 months.

♤ According to sources, as per the framework agreement, India should also set up an SEZ at Sittwe, which is located closer to the Chinese port and SEZ at Kyaukphyu.

1.2.4. Security