Multi storeyed market complex at Moreh


IMPHAL, April 3: State Commerce and Industries minister Y Irabot Singh has laid foundation stone for a multi storey Market Complex at Moreh Border Town this morning.
The proposed market complex which will be having five storey will be constructed with an estimated cost of about Rs.21.5 lakhs is having 90% central share funded under the Assistance to States For Infrastrcuture Development for Exports and 10% of the total estimated cost will be borne by the state government.
On the other hand the government is keeping the target of completion of the said multi market complex having banking and other storage facilities by March next year.
In the meantime, state commerce and industries minister, while laying the foundation stone of the said market complex at Moreh this morning elaborated the objective of construction of such market complex. Minister further mentioned, maintaining of such market complex has become a must considering the increasing trade relationship and between the India and Myanmar and possible trade link up with other south east Asian countries with coming up of India’s  Look East Policies.
Minister further expressed his gratitude to the Meitei Council Moreh for giving the land for the constructions of such multi market complex in Moreh and completion of this market complex with provide facilities in terms of economic sustainability to various communities inhabted in Moreh border town.
On the other, the state Commerce and Industries minister prior to laying of foundation stone this morning inspected newly constructed road connecting Lalekai Veng and Gate N0.1 and later inspected the work condition of bridge which has been constructing over the Khujairok river at Moreh this morning.
On the other hand the formal function of laying foundation stone for the multi market complex at Moreh was presided over the MLA, N Mangi Singh Chairman MANIDCO and also attended by Principal Secretary Commerce and Industries, Manging Director MANIDCO and related officials of Commerce and Industries department during the function this morning.


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