India Funds Three-Nation Road

13 August 2012
The Nation
Economy and commerce / Investment
borders / Chiang Rai / East-West economic corridor / Highway / Indian aid / Investment / Laos / loan / Myanmar / NorthSouth corridor / Singapore / southern China / Thailand / trilateral highway

$500-million loan from New Delhi to help build 3,200km highway through Myanmar and linking to Thailand…

The trilateral highway project will allow freight and container trucks to move across the borders from India to Myanmar and Thailand via Chiang Rai and border towns. It will play a crucial role in boosting trade and investment flows in the three countries, creating jobs and other benefits. … the feasibility study on the trilateral highway is complete.. The trilateral highway will form the so-called East-West economic corridor linking India with Myanmar, Thailand, Laos, Cambodia and Vietnam. In addition, there is also a North South corridor linking southern China with the rest of mainland Southeast Asia from Myanmar and Thailand all the way down to Malaysia and Singapore.

http://www.nationmultimedia.com/business/India-funds-three-nation-road-30188145.html