IMPHAL: India and Myanmar have decided to shape up the proposed joint-venture thermal power project in Myanmar’s Sagaing region, boosting the bilateral ties of the two neighboring countries.
A joint meeting to this effect was held on Monday in the office of Tamu township military headquarters in Myanmar, about 5 Km from Manipur’s border town Moreh, a source said.
The gateway to southeast Asia and a focal point of India’s ambitious ‘Look East Policy’, Moreh has witnessed rapid progress of the economic development projects since the past few years. If the power project is successfully implemented, India would provide financial assistance and the required equipment for it, while Myanmar would offer the required land, the source added.
Source: THE NEW YORK TIMES