Myanmar has expressed willingness to sign agreement for construction of 153 Km. long cross border Bangladesh-Myanmar Friendship Road. The mega project involving nearly Tk 9.46 billion (946 crore) is likely to be implemented in two phases as Yangon broke more than six months of silence and responded positively, in response to Dhakas request, to recognise the draft agreement already prepared.

About 23 kilometres of the highway are in Bangladesh and the rest in Myanmar. In the first phase, 43 kilometres of the road will be constructed with 23 kilometres from Ramu to Gundom in Bangladesh and 20 kilometres from Taungbro to Bawli Bazar in Myanmar. Bangladesh has agreed to bear the construction cost worth Tk 2.74 billion in the first phase. The remaining 110 kilometres of the road will be constructed at a cost of Tk 7.70 billion in the second phase. According to the communications ministry officials, the road will help boost regional cooperation by strengthening economic and trade relations with the South and Southeast Asian countries. Bangladesh will get easier access to Thailand, China and other Asian countries, once the road is constructed.