Matarbari Deep Sea Port

Matarbari Deep Sea Port

News: Landlocked Northeast India may soon get a trade gateway through Matarbari deep sea port in Bangladesh being constructed by Japan, under its Free and Open Indo-Pacific strategy.
 

About:
 Through the Bay of Bengal Industrial Growth Belt (BIG-B) initiative, Japan is helping Bangladesh develop infrastructure and Industrial Belt along Dhaka-Chittagong-Cox’s Bazar belt area and beyond.
 India-Japan Act East Forum (AEF) - Through this, Japan has been supporting the development of India’s North East through connectivity to Bangladesh and Southeast Asia.
 

What is Japan’s Indo-Pacific Strategy?
 Japan will promote the Bay of Bengal-Northeast India industrial value chain concept to foster the growth of the entire region. The strategy consists of three pillars:
 I) Promotion and establishment of rule of law, freedom of navigation and free trade
 II) Pursuit of economic prosperity
 III) Commitment to peace and stability (capacity building on maritime law enforcement, HA/DR cooperation, etc.)
 

Other important projects in NE India:
 Kaladan Multimodal Transit Transport Project (for connectivity with Myanmar), Protocol on Inland Water Transit and Trade between India and Bangladesh and India-Myanmar-Thailand Trilateral Highway.