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Inland water transport terminal

Inland water transport terminal:

Union Minister of Ports, Shipping and Waterways inaugurated an Inland Waterways Terminal (IWT) on Brahmaputra in Assam’s Jogighopa.

  • The terminal is set to transform the connectivity in the region and bolster our trilateral trade with Bhutan and Bangladesh.
  • The foundation stone for the terminal was laid in February, 2021.
  • It has been set up at a cost of Rs 82 crore.
  • It has the potential to boost trade by reducing transportation expenditure and offering an eco-friendly and alternative mode of transport via the Brahmaputra river.
  • By 2027, this terminal is expected to handle cargo of 1 million tonnes per annum.
  • Inland Waterways Authority of India is a statutory body established under the Inland Waterways Authority of India Act (IWAI), 1985.
  • The Authority primarily undertakes projects for development and maintenance of IWT infrastructure on national waterways through grant received from the Ministry of Ports, Shipping and Waterways.
  • It presently has five regional offices in Guwahati (Assam), Patna (Bihar), Kochi (Kerala), Bhubaneswar (Odisha) and Kolkata (West Bengal).
  • Headquarter: Noida, Uttar Pradesh.
  • Nodal Ministry: Ministry of Ports, Shipping and Waterways.