GUWAHATI: In a move towards enhancing connectivity and boosting economic growth, the developments surrounding the National Waterway-2 (NW-2), commonly known as the Brahmaputra River, are gaining momentum. These initiatives are poised to reshape transportation and trade dynamics between India and Bangladesh, bringing new opportunities to the forefront.
Ambitious projects, including the establishment of strategic ports and state-of-the-art jetties, form a pivotal part of this transformation. By significantly improving connectivity, these endeavours are set to catalyse trade exchanges and bilateral cooperation.
The spotlight is also on hydrocarbon exploration and the concurrent expansion of hydrocarbon infrastructure. This facet of development is instrumental in harnessing the region's oil and gas resources, thereby contributing to the energy needs of both nations.
To streamline the movement of goods and people across borders, collaborative agreements between India and Bangladesh are taking centre stage. These agreements are meticulously designed to ensure seamless and efficient navigation through the inland waterways, expediting cross-border trade.
A pivotal driver of these advancements is the substantial investment pouring into the development of infrastructure along NW-2 and its interconnected network of water routes. These investments are poised to enhance transportation capabilities, invigorate trade dynamics, and sow the seeds of sustainable economic growth in the region.
As part of the region's diversification strategy, the exploration of hydropower projects merits attention. These projects, tapping into the energy potential of water resources, are anticipated to contribute to the electricity generation landscape, with the Brahmaputra River potentially serving as a key resource.
