Assam launches project to transform Inland Water Transport system
The state government has submitted a proposal to the government of India seeking the World Bank assistance
The government of Assam has a project for transformation of the Inland Water Transport system on the National Waterways in the state.
The state government has taken up Assam Inland Water Transport Project (AIWTP) to improve the quality of inland water transport services and integrate high quality passenger and vehicle ferry services in the Brahmaputra and Barak rivers.
The project will develop an efficient river transport system which will be safe and comfortable for the large volume of passengers and cargo carried by vessels by Inland Water Transport and also by private boat owners and operators.
The state government has submitted a proposal to the government of India seeking the World Bank assistance to develop the Inland Waterway Transport system in Assam.
The Central government has approved the proposal and posed it to the World Bank for their consideration and approval.
The Assam Inland Water Transport Development Society (AIWTDS) has been formed by the state government under the Transport Department to implement the project.
To modernise inland water transport in Assam, the World Bank is assisting the state government through a phasewise project, which includes procurement of new vessels including passengers carrying and Search and Rescue (SAR) vessels, upgradation of ferry terminals, retrofitting of the existing vessels and so on.
A loan negotiation for $110 million has been successfully concluded for AIWTP to be undertaken by the state government and the World Bank.