India-Bangladesh in JV launch three infra projects

India Bangladesh
The Indian Prime Minister together with his Bangladeshi counterpart Sheikh Hasina, launched three major Indo-Bangladesh joint venture projects including rail, power and road projects. In addition, both the PMs will also inaugurate two more important rail-links and a diesel pipeline from Numaligargh refinery of Assam to Parbatipur of Bangladesh shortly. Sources pointed out that Indian PM reached out to the people of Bangladesh by sending a strong message about India's commitment for the development of that country, which will be a win-win situation for both the countries. India and Bangladesh had agreed to lay the 15.54 km railway link between Akhaura (Bangladesh) and Agartala during Prime Minister Sheikh Hasina's visit to New Delhi in 2010. This railway link would likely be operational within the next two years. Bangladesh National Economic Council approved the construction of the Akhaura-Agartala dual gauge railway link project to improve railway connectivity and boost trade between the two countries. Indian Government approved the project much earlier as this rail link will also open up the markets of India's northeastern states for Bangladesh, ensuring smooth transportation of goods and facilitate people to people contact. This connectivity will also reduce transportation cost and time by reducing 1,700 km distance between Agartala and Kolkata to only 500 km once the new rail track is linked through Bangladesh, said official sources.

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