JV to undertake project on EPC mode
The National Highways Authority of India has signed an agreement for upgradation of Yagyi–Kalewa section of highway (Milepost 40/0 to Milepost 115/5) in Myanmar to two lane with earthen shoulder.
The agreement was signed 11 April 2018 by NHAI with M/s Punj Lloyd Ltd–Varaha Infra Ltd joint venture.
The Rs.1,177 crore project has been funded by India’s Ministry of External.
It would be executed on Engineering Procurement and Construciton (EPC) mode.
The project will have 3 new major bridges and 2 new minor bridges.
Four existing major bridges and 9 existing minor bridges will be repaired and strengthened and 6 existing minor bridges will be reconstructed.
The stretch will have 6 truck lay byes, 20 bus bays and passenger shelters and 1 rest area. The project would be completed in three years.
It will provide seamless vehicular movement for enhancing trade, business, health, education and tourism between Indian, Myanmar and Thailand. fii-news.com