India govt. signs highway construction project of India-Myanmar-Thai

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Reported by EMG
The India–Myanmar–Thailand Trilateral Highway is that will connect India with the ASEAN region. The highway will link Moreh in Manipur state (India), via Mandalay city (Myanmar) and to Mae Sot district (Thailand).
India Government has signed agreement on construction of the highway according to Business Standard news agency. The 1,400-kilometre-long highway that will link India with Southeast Asia by land for the first time in decades, giving a boost to trade and cultural exchanges between the three countries.
National Highway Authority of India (NHAI) has checked companies that won tender for construction the project for four months. Among these companies, Punj Lloyd and Varaha Infra companies were chosen and the two companies will cooperate in construction the highway.It is estimated that Rupees 771 billion will be invested in the project. 
The road is expected to boost trade and commerce in the India-Asean Free Trade Area, as well as with the rest of Southeast Asia. India has also proposed extending the highway to Cambodia, Laos and Vietnam.
During former president Htin Kyaw’s state visit to India in August 2016, an Memorandum of Understanding (MOU) was signed with the Government of India under which the latter will fund the construction of 69 bridges, including approach roads in the Tamu-Kyigone-Kalewa section (149.70 km) of the highway, and also upgrade the Kalewa-Yagyi section (120.74 km).