Mapping
Source: BS
Context:India has secured the rights to operate the Sittwe port in Myanmar, marking its second overseas port endeavour after Chabahar. The Ministry of External Affairs approved a proposal for India Ports Global (IPGL), wholly owned by the Ministry of Ports, Shipping, and Waterways, to manage the port on the Kaladan River.
About Sittwe Port:
It is a deepwater port situated at the Kaladan River’s estuary in Myanmar’s Rakhine State. It is a crucial component of the Kaladan Multi-Modal Transit Transport Project (KMTTP), funded through grants-in-aid assistance from the Government of India. The port holds significant importance as it will create new trade and transit opportunities for India’s Northeast region, as well as enhance trade and commerce between India and Myanmar.
