• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Stockholm Metro Expansion

    Stockholm Metro Expansion Backed by €2B EIB Funding

    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

  • Articles
  • Press Statements
  • Market Reports
    Bonded Zones and Mega

    Bonded Zones and Mega Terminals Playing Part Regionally

    Heavy Duty Vehicle Electrification Driving Transportation

    Heavy-Duty Vehicle Electrification Driving Transportation

    European Rail Freights

    2025-2029 European Rail Freight Transportation Market View

    Intelligent Transportation

    Intelligent Transportation System Market – 2032 Growth Story

    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Stockholm Metro Expansion

    Stockholm Metro Expansion Backed by €2B EIB Funding

    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

  • Articles
  • Press Statements
  • Market Reports
    Bonded Zones and Mega

    Bonded Zones and Mega Terminals Playing Part Regionally

    Heavy Duty Vehicle Electrification Driving Transportation

    Heavy-Duty Vehicle Electrification Driving Transportation

    European Rail Freights

    2025-2029 European Rail Freight Transportation Market View

    Intelligent Transportation

    Intelligent Transportation System Market – 2032 Growth Story

    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home News

Free, Open Indo-Pacific Japanese Plan Aims On Matarbari Port

27th March 2023
in News, Shipping & Port

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

0
SHARES
24
VIEWS
Share on FacebookShare on Twitter

Japan intends to focus on the development of Bangladesh’s Matarbari port as part of Prime Minister Fumio Kishida’s novel, free, and open Indo-Pacific strategy. This strategy is going to be part of Japan’s bigger infrastructure development efforts across the Bay of Bengal as well as Northeast India, with a stress on multilayer connectivity.

The deep seaport, which happens to be situated in the Cox’s Bazar district, is being enhanced with the aid of the Japan International Cooperation Agency and is anticipated to reduce the pressure exerted on the Chittagong port while also catering to the future needs of both Northeast India and Bangladesh.

In his recent speech at New Delhi, India, Fumio Kishida, the Japanese PM, said that, viewing Bangladesh as well as other areas of the south as a single economic corridor, they are inclined towards expanding the Bay of Bengal-Northeast India industrial value chain concept that’s with India’s and Bangladesh’s cooperation so as to foster growth when it comes to the entire region.

Japan is now looking forward to holding conferences that involve India’s northeastern states’ governments and the Bangladesh government, along with the private sector, in order to promote economic growth and attract the interest of Japanese companies across the region. The efforts of Japan also include road development across the Indian states of Assam, Mizoram, and Tripura for better transport, which will connect to the Japanese-assisted projects in Bangladesh.

It is well to note that the enhancement of the industrial value chain that connects the Bay of Bengal to the North-East Indian region is anticipated to bring sufficient economic perks to the region as well as beyond it. As one of the leading nations in the IPOI (Indo-Pacific Oceans Initiative), Japan has been working in close proximity with India to help support its landlocked region of the Northeast by way of the Japan-India Act East Forum.

This initiative in the East came into being in 2017 with the view of developing the northeast region and also promoting its connectivity with south-east Asia. PM Kishida during his speech also shared his vision when it comes to a free and open Pacific. He is of the opinion that the northeast of India, which is surrounded by land, has tremendous untapped potential. According to him, by way of promoting private investment and also upgrading the connecting infrastructure, his country wants to bring to the fore a comprehensive concept for the economic growth and development of the region.

As far as Bangladesh is concerned, Japan has been working with them in order to support the Matarbari project and elevate the connectivity in the Bay of Bengal region through Bay of Bengal Industrial Growth Belt action. Japan has gone on to launch a joint study group for a prospective partnership agreement with Bangladesh so as to further enhance economic cooperation.

Previous Post

Intermodality Between Rhine-Alpine Corridor Planned By Italy

Next Post

Free Public Transport In Luxembourg Brings In Seamlessness

Related Posts

Iraq Railway Project
News

Iraq Railway Project Gets $930M Boost for Trade, Jobs

4th July 2025
China Airlines Airbus Deal
Airways

China Airlines & Airbus Deal Boosts Asia-Pacific Expansion

4th July 2025
Dubai Tests Joby Aerial
News

Dubai Tests Joby Aerial Taxi in Urban Mobility Milestone

4th July 2025
Bonded Zones and Mega
Airways

Bonded Zones and Mega Terminals Playing Part Regionally

25th June 2025
Multimodal Integration
Asia Pacific

Multimodal Integration Defining Modern Logistics Pathway

25th June 2025
Advanced Signalling Systems for Turkey Station by Hitachi
News

Advanced Signalling Systems for Turkey Station by Hitachi

24th June 2025
Next Post

Free Public Transport In Luxembourg Brings In Seamlessness

Latest Post

China Airlines Airbus Deal
Airways

China Airlines & Airbus Deal Boosts Asia-Pacific Expansion

4th July 2025
Transforming Air Travel
Airways

Transforming Air Travel: Passenger Terminal of 2030 Vision

26th June 2025
Designing the Future
Airways

Designing the Future Terminal for Smart Operations

26th June 2025
Cybersecurity in Terminal
Airways

Cybersecurity in Terminal Environments: A Rising Priority

25th June 2025
Bonded Zones and Mega
Airways

Bonded Zones and Mega Terminals Playing Part Regionally

25th June 2025
Digital Twins and Predictive
Airways

Digital Twins and Predictive Management in Terminals

25th June 2025
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.