NHAI signs first international project agreement

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New Delhi, April 12 (IANS) The National Highway Authority of India (NHAI) on Thursday said it had signed its first international project agreement for upgradation of a highway in Myanmar.

The agreement signed on Wednesday aims to provide seamless vehicular movement for enhancing trade, business, health, education and tourism between India, Myanmar and Thailand. The project would be completed in three years.

Under the agreement, the NHAI would upgrade the Yagyi-Kalewa section of highway (milepost 40/0 to milepost 115/5) in Myanmar to two lanes with earthen shoulder.

“The project has been funded by External Affairs Ministry and would be executed on EPC (Engineering, Procurement and Construction) mode at a cost of Rs 1,177 crore,” NHAI said in a statement.

“The project will have three new major bridges and two new minor bridges. Four existing major bridges and nine existing minor bridges will be repaired and strengthened and six existing minor bridges will be reconstructed,” it said.

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–IANS

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