Invest in Myanmar - For Investors Seeking Opportunities in Myanmar
Invest Myanmar - The Myanmar Investment Gateway
General Information about Myanmar (1)
Business (131)
FDI in Myanmar (45)
Investments (59)
Macroeconomic Data (4)
Infrastructure (4)
Financial (17)
Economy (37)
Construction (1)
Politics (29)
Real Estate (1)
Investment Legislation (3)
Sports (1)
Telecommunications (27)
Law (14)
Infrastructure (20)
Education (2)
Banking (19)
Jewellery (1)
Stock Market (2)
Agriculture (35)
Real Estate (22)
Mining and Exploration (10)
Construction (29)
Energy (47)
Textile and Fashion (10)
Tourism (23)
Information Technology (11)
Food and Beverage (13)
Electronics (3)
Waste Management (1)
Automotive (9)
Logistics (4)
Renewable Energy (0)

India to open super highway to Burma and Thailand

Date: 26/08/2013
Source: The Telegraph
India to open super highway to Burma and Thailand

India is to open a new four lane motorway to allow traders and tourists to drive from its eastern tea state of Assam into Burma, Thailand and eventually Cambodia and Vietnam.

The new "trilateral highway" is aimed at creating a new economic zone ranging from Calcutta on the Bay of Bengal to Ho Chi Minh City on the South China Sea.

The first phase of the project was agreed during Indian prime minister Dr Manmohan Singh's visit to Burma this week when he and President Thein Sein set a 2016 deadline to complete a super highway linking Guwahati in Assam to Burma's border with Thailand via Mandalay and the former capital Rangoon.

According to analysts, the road is a key part of a plan to open the "Mekong-India Corridor" to link the world's second fastest growing market India with the new Asian Tiger economies of Indo-China.
Until now plans to open this new economic zone, which bypasses China, the world's fastest growing economy and superpower, have been hampered by international sanctions against the former military regime in Burma.

But with the gradual easing of sanctions following the series of democratic reforms unveiled by Burma's president Thein Sein since last August, the obstacles have now cleared.

Topic: Investments
Did You Know?
The name Myanmar is derived from the local name Myanma Naingngandaw, which is a name used by the governent which is currently in power there. While the real meaning of the name is not clear, it is interesting to note... ... More

Featured news story
Myanmar Confronts Towering Problem of Office Space Shortage
Myanmar Confronts Towering Problem of Office Space Shortage

Featured Video
Foreign firms invest in Myanmar telecoms and energy, Roee Rutte... - Invest video
Foreign firms invest in Myanmar telecoms and energy, Roee Rutte...

GDP 2010 USD 45.4 B
GDP 2012 USD 54.0 B
Inflation 9.13 %
Unemployment Approx. 35%
GDP growth 2011 5.5 %
FDI 2011 USD 1.05 B
Today on Invest Myanmar
Member Companies: 82
News Stories: 341
Myanmar Videos: 59
Interesting Facts: 29
Factsheets: 9
  Copyrighted 2012 Invest All rights reserved.  

Please read Conditions of Use, Copyright Statement and Privacy Policy for this web page and web site.

Crafted by Sofia Web Works, makers of Pahraat Kasinot and Casinobonus p alla svenska online casinon an Invest Bulgaria company