The 10 members of the Association of Southeast Asian Nations (ASEAN) include some of the world's fastest-growing economies like the Philippines and Vietnam, with growth rates of over 6 per cent. By 2020, the region is likely to have the world's fifth largest economy, according to the World Economic Forum.
PM Modi said the Kaladan Multi-Modal Transit Transport Project, connecting Aizawl with the deepwater Sittwe Port in Myanmar, would provide great benefits to northeastern states.
He said with the allocation of Rs. 10,000 crore for the power sector, a state-of-the-art transmission system would be in place soon in the northeast.
