Finance
The 62nd Indian Technical and Economic Cooperation (ITEC) Programme Day was held in Myanmar’s Naypyidaw, attended by numerous diaspora members and authorities.
Over 250 guests, including Myanmar ITEC beneficiaries, alumni of civilian and defense ITEC courses, prominent officials, and members of the Indian community in Myanmar, gathered in Naypyidaw to celebrate India’s premier capacity-building effort.
Myanmar’s Prime Minister U Nyo attended the reception on Friday, which was hosted by Indian Ambassador to Myanmar Abhay Thakur. He was accompanied by Minister of Foreign Affairs U Than Swe, Minister for Investment and Foreign Economic Relations Wah Wah Maung, Deputy Minister of Foreign Affairs U Ko Ko Kyaw, and Deputy Minister of Foreign Affairs U Naing Min Kyaw, as well as senior representatives from various ministries and institutions.
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“Development cooperation for the benefit of Myanmar’s people, guided by Myanmar’s needs and goals, has long been a distinctive element of India-Myanmar bilateral collaboration. It ranges from connectivity and infrastructure projects to measures to construct long-term institutions for capacity building and human resource development in specific locations,” according to a statement released by the Indian Embassy.
It also highlighted India’s significant current projects, such as the Kaladan Multimodal Transit Transport Project (KMTTP) and India-Myanmar-Thailand Trilateral Highway.
Along with these, various community-focused projects are being undertaken through frameworks such as the India-Myanmar Border Area Development Programme, Rakhine State Development Programme, High Impact Community Development Projects (HICDPs), and Quick Impact Projects (QIPs).
The Archaeological Survey of India (ASI) is conserving and restoring 72 earthquake-affected pagodas in Bagan over the next ten years in three phases, according to the Indian Embassy.
Phase I of the project was completed in December 2024, when 11 pagodas (22 works) were completed and handed over to Myanmar in the presence of Ambassador Abhay Thakur and Myanmar’s Union Minister of Religious Affairs and Culture, U Tin Oo Lwin, in the Southeast Asian country’s ancient city of Bagan.
In September 2025, a four-member ASI team began work on Phase II of the structural conservation, chemical preservation, and restoration of about 50 earthquake-affected pagodas.
The Indian Embassy emphasized India’s resolve to continue assisting Myanmar’s people in achieving their socioeconomic requirements throughout states and regions, as well as across industries, in the coming years.
