State

ADB to take up North East Industrial Corridor

ADB to take up North East Industrial Corridor
State govt officials at the meeting with ADB officials. (DIPR)
DIMAPUR, JUL 11 (NPN) | Publish Date: 7/11/2019 11:13:18 AM IST

Nagaland chief secretary Temjen Toy said Asian Development Bank (ADB) would help identify, prepare project report and take up the North East Industrial Corridor, a DIPR report stated. 

Mentioning this during a meeting with an ADB team and senior officers of some State departments at the conference hall of Civil Secretariat here on Thursday, the chief secretary also stressed connecting at least some border trading points through Eastern Expressway. 

Temjen Toy mentioned that trade did not happen because facilities were not there, while also emphasising on coffee plantation and the potential of revival of paper mill due to abundance of raw material. 

The chief secretary also shared the potential of setting up mini power plants and funding the State’s share for smart city.

The meeting was held in view of ADB conducting a feasibility study on the proposed North East Industrial Corridor. 

The ADB team shared its engagement with the North-eastern region, especially in three sectors – transport, urban area and energy development. 

In transport sector, the team highlighted the proposed South Asia Sub-regional Economic Cooperation (SASEC) road project, including the Kohima-Kidima-Karong-Imphal section with a budget of $140 million. 

In urban sector, the team mentioned the North East Region Capital Cities Development Investment programme with an approved amount of $ 200 million to assist the North-eastern States in ensuring improved environment and well-being to urban residents of Agartala, Aizawl, Gangtok, Kohima and Shillong. 

The team also mentioned other numerous projects concerning India, Myanmar and Nepal.

Investment & Development Authority of Nagaland (IDAN) chief executive officer (CEO) Alemtemshi Jamir, who was present at the meeting, stressed on focusing on educational institutions to facilitate trades. 

Mentioning that all border trades were concentrated in Moreh-Imphal sector, the IDAN CEO emphasised opening up northern trade centres like Avangkhu through ADB. He said only by opening up the northern border stability would come. 

Discussion was also held on the need to bring India and Myanmar together to make a concrete decision instead of planning through GPS. 

The need to build hospitals and educational Institutions in border areas was also discussed in order to open up trade.

 

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