Shillong, Mar 16: Chief Minister Conrad Sangma on Tuesday informed the House that the Department of Economic Affairs (DEA), of the central government has approved USD 300 million for the Meghalaya Integrated Transport Sector Development Project.
Replying to a short duration discussion, Sangma informed the House that the project will be implemented in two phases of USD 150 million each. “An amount of USD 120 million will be funded by the World Bank and USD 30 million would be borne by the government of Meghalaya,” the Chief Minister said.
Sangma said that the project aims at transforming Meghalaya into a high income State by strategically improving the connectivity of the transport network and also providing better and vital access to health care, tourist places, agricultural markets and other socio-economic activities.
According to the Chief Minister, the project has several components of which the construction of roads and bridges form a major chunk of the interventions envisaged under the first phase of the project.
He said that tourism which has shown so much promise in the recent past has also been given a fillip by the introduction of easing the approach to various tourist locales in the form of roads, trekking paths and iconic ropeways.