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SEVERAL MEGA-PROJECTS ON WAY FOR IMEEC

NEWS Desk Global

PM Narendra Modi on Tuesday said like the Silk Route of the past that accelerated the global economy, the India-Middle East Europe Economic Corridor (IMEEC) will transform the picture of new global trade. The PM also said India will take up several projects such as the development of the next generation mega port, international container trans-shipment port, island development, inland waterways, and multi-modal hubs as a part of the cross-country economic corridor plan.

Addressing the Global Maritime India Summit virtually, Modi said, "The operation of this corridor will result in reduction in cost of business, improve logistical efficiency, cut environmental degradation and create jobs. This is a great opportunity for investors to become part of this campaign and join India."


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