ADB to finance construction of Indo-Myanmar road

SILCHAR: Asian Development Bank would finance the construction of the 417-km long Indo-Myanmar Road connecting Moore in Myanmar with Sutarkandi in Karimganj bordering Bangladesh.

The first phase of the road, to be laid under ADB's 'Proposed Road Consulting Mission', would be from Moore in Myanmar to Imphal in Manipur while the second phase would be from Imphal to Sutarkandi via Silchar, official sources said here today.

A high level delegation of ADB's Loan Consultation Mission and a team from the Union Surface Transport Ministry recently visited the proposed area and would soon submit a field study report to the Centre.

The final budget and other issues would be decided at a meeting between the Union Surface Ministry and ADB to be held in Delhi later.

The construction of the proposed road would lead to increased commercial ties between the two countries, sources added.