Why is it in the news?

• The Kaladan Multi-Modal Transit Transport Project has faced a significant setback after an important town in Myanmar was captured by a rebel group.
• This event has disrupted the progress and implementation of the project, leading to delays and challenges.

About the Project

• The project aims to establish a transportation network connecting the port of Kolkata in India to the port of Sittwe in Rakhine, Myanmar. From Sittwe, the project seeks to extend connectivity to Mizoram via road and the Kaladan River.
• India and Myanmar entered into a Framework Agreement in 2008 to initiate the project, emphasizing the bilateral cooperation between the two nations.
• The primary goal of the project is to create a multi-modal mode of transport for the shipment of cargo from the eastern ports of India to Myanmar, as well as to the northeastern part of India through Myanmar.

Components of the Project:

• Road Connectivity: One of the major components involves the construction of roads to connect Mizoram state in northeastern India to the port of Sittwe in Myanmar’s Rakhine state.
• Development of Inland Waterways: The project includes the development of inland waterways along the Kaladan River.
• Construction of Multi-Modal Terminal: A multi-modal terminal is being constructed at the port of Sittwe. This terminal serves as a key infrastructure asset for the project, enabling the efficient transfer of goods between different modes of transportation, such as ships and trucks.