News List

Compiled features on recent developments in regional cooperation and integration in the SASEC region.

Year:
September 2023

Bangladesh-India Joint Venture to Boost Bangladesh Logistics Infrastructure

Pristine Logistics & Infraprojects of India, a rail terminal operator, has entered a joint venture with Summit Alliance Port of Bangladesh, which handles over 25% of export cargo and 15% of import cargo of Bangladesh’s containerized volume.

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Tags: Bangladesh, India, Logistics, Trade Facilitation

May 2023

Pasakha Mega Dry Port Construction On Track

Construction of the mega dry port at Pasakha, Phuentsholing, is on track, amid challenges faced during the COVID-19 pandemic. Work on the dry port began in 2020 and has achieved almost 45% completion. The aim is to complete the dry port by mid-2026.

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Tags: Trade Facilitation, Bhutan, Logistics

May 2023

ADB VP Highlights Role of SASEC

Mr. Shixin Chen, Vice-President for South Asia and Central and West Asia at ADB, spoke at the SASEC knowledge event entitled "Green, Efficient, and Resilient Logistics for Sustainable Growth," which was attended by policymakers from SASEC countries.

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Tags: South Asia, ADB, SASEC, Logistics

April 2023

National Logistics Policy to Bring Down India's Logistics Cost

India's National Logistics Policy was launched in September 2022 to reduce logistics cost in the country by facilitating seamless movement of goods. Various sectors–such as agriculture, commodities, and e-commerce–are projected to benefit from the policy.

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Tags: India, Value Chains, Logistics

July 2022

Business Conclave Emphasizes Siliguri’s Potential as Subregion’s Logistics Hub

The potential of the Siliguri corridor and its surroundings to be developed as a logistics hub for India’s northeastern region, and Bangladesh, Bhutan, and Nepal, was emphasized by the CII at Logi Connect 2022. Developing Siliguri as a logistic hub would facilitate movement of goods to other states of India and its neighboring countries.

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Tags: Logistics, Act East Policy, Trade Facilitation, Transport, Transit, Bangladesh, Bhutan, India, Nepal

March 2022

Planned ICP to Turn Sabroom into Logistics Hub for India’s Northeastern Region

The Land Ports Authority of India aims to establish an Integrated Check Post (ICP) in Sabroom (India) by the end of 2022. This ICP is envisioned to facilitate seamless trade and people-to-people movement with Bangladesh. Sabroom is a border town in the South Tripura district.

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Tags: Logistics, ICP, India, Tripura, Trade Facilitation

December 2021

ADB, India Sign Loan Agreement for the Industrial Corridor Development Program (Subprogram 1)

ADB and the Government of India signed a loan agreement for the Industrial Corridor Development Program (Subprogram 1). Under the Program, ADB will lend $250 million (about Rs 1,872 crore) support to India. Mr. Rajat Kumar Mishra, Additional Secretary, Ministry of Finance, signed on behalf of the Government of India, and Mr. Takeo Konishi, Country Director of ADB India Resident Mission, signed on behalf of ADB.

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Tags: ADB, India, Economic corridor, Investments, manufacturing, Logistics

October 2021

India Launches Gati Shakti National Masterplan for Multimodal Connectivity

The Government of India, led by India Prime Minister Narendra Modi, launched the “Gati Shakti—National Masterplan for Multimodal Connectivity”. Gati Shakti brings together 16 ministries for integrated planning and coordinated implementation of infrastructure connectivity projects.

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Tags: Gati Shakti, India, Infrastructure, Logistics

June 2020

Challenges to Strengthening South Asia’s Supply Chains

An analysis on the Hindustan Times makes a case for building resilient supply chains in South Asia. The article proposes that, with the outbreak of the coronavirus disease (COVID-19), “there will be a decline in globalization and relative strengthening of regional supply chains. Geography will assume an important role in supply chains.” It further mentions that the region’s economies and South Asia’s SMEs stand to benefit from a stronger regional supply chain.

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Tags: Logistics, Regional Cooperation, South Asia, Supply Chains, India

February 2020

Inland Waterways to Help Channel Economic Activity along the Ganga River

Inland waterways is an important pillar of ‘Arth-Ganga,’ a project that aims to channelize economic activity along the banks of Ganga River to promote inclusive growth for India and generate enormous employment opportunities. The project is being implemented by the Ministry of Shipping of the Government of India.

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Tags: Inland waterways, India, Nepal, Trade Facilitation, Logistics

August 2018

BIMSTEC Foreign Ministers Approve $50 Billion Worth of Connectivity Projects

Foreign Ministers of BIMSTEC member countries approved in principle around 167 projects to improve connectivity in the region. The projects, detailed in a study by the Asian Development Bank, are worth an estimated $50 billion. It includes transportation and cross-border facilitation, multimodal transport and logistics, infrastructure development, aviation, maritime transport, human resources development, communication linkages, and networking in the region.

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Tags: Connectivity, Transport, BIMSTEC, Aviation, Logistics

August 2018

Birgunj Inland Container Depot to Get Upgraded Warehouses for Dusty Cargo

The Nepal Intermodal Transport Development Board (NITDB) is upgrading the inland container depot in Birgunj, Nepal, to give it the capacity to handle dusty cargo, such as cement clinker and fly ash. NITDB is also planning to develop railway tracks to be linked directly to the new warehouses.

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Tags: India, Nepal, Trade Facilitation, Rail, Logistics

August 2018

Commentary: Uncorking the Logistic Competencies of India's Northeastern Regions

The author highlights how fast-paced infrastructure development could help unlock competencies of India’s northeast region. With the Government of India's focus on promoting the northeastern region as a key trade gateway, projects such as the 1,400 kilometer India-Myanmar-Thailand highway and the SASEC Road Connectivity project, promises to boost the country's trade and commerce, and enhance India’s logistics capabilities.

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Tags: India, Myanmar, Thailand, SASEC, Road, Logistics