Cabinet Committee on Economic Affairs approves upgradation of Northeastern SASEC road program
DSIJ Intelligence / 12 Jul 2017
A government release on Wednesday said that Prime Minister Narendra Modi chaired Cabinet Committee on Economic Affairs has given its approval for up gradation and widening of 65 kms of Imphal-Moreh Section of NH-39 in Manipur at a cost of Rs 1,630.29 crores.
A government release on Wednesday said that Prime Minister Narendra Modi chaired Cabinet Committee on Economic Affairs has given its approval for up gradation and widening of 65 kms of Imphal-Moreh Section of NH-39 in Manipur at a cost of Rs 1,630.29 crores.
The project is being developed with ADB's loan assistance under the South Asian Sub-Regional Economic Cooperation (SASEC) Road Connectivity Investment Program which aims at upgradation of road infrastructure in Bangladesh, Bhutan, Nepal and India (BBIN) in order to improve the regional connectivity among BBIN nations.
“The project corridor is also a part of the Asian Highway No. 01 (AH01) and acts as India's Gateway to the East. Thus trade, commerce and tourism in the region will get a boost,” it added.
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