Moreh: Giving a boost to the ambitious "Look East Policy", Manipur deputy chief minister Gaikhangam on Wednesday laid the foundation of a multi-storied market complex at Manipur's Moreh town bordering Myanmar, about 110 kms from Imphal.
The items incorporated in the ongoing Indo-Myanmar commercial activities have been increased from 40 to 62 even as the state government has identified a site at Moreh to set up a satellite town.
Manipur Industrial Development Corporation Ltd (Manidco), the implementing agency of the market complex, is targeting to complete its construction within 36 months. "The new market complex would be a milestone for the Look East Policy and a turning point for entrepreneurs of the country in general and Manipur in particular," said Gaikhangam, who also holds the home portfolio.
In his speech, Manipur commerce and industries minister Govindas Konthoujam said the government is targeting to complete construction of the supermarket ahead of the scheduled time. He added that the number of items increased for Indo-Myanmarese border trade includes rice, medicines and motorcycles. Stating that four to five international marketers come to Manipur every month to expand their business in India by shipping the items through Myanmar, Govindas said he has taken into account some of their suggestions to import electronics items from Thailand.
"We are thinking about the Myanmarese government's request to grant transit permit to ferry electronic items to India," he said. Stating that the highway leading to Moreh, the gateway of South East Asia, is very important in the face of the growing commercial activities, Govindas urged all concerned not to impose bandhs and blockade along the route.
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