Guwahati, Nov 8: Union Finance and Corporate Affairs Minister Nirmala Sitharaman on Friday inaugurated two major urban infrastructure projects in Guwahati the Gateway of Guwahati Terminal and Jetty, and the Brahmaputra Riverfront–Sati Radhika Shaanti Udyan.

In a statement, the Ministry of Finance said the projects reflect the government’s vision to revitalise Assam’s riverine transport system and reconnect Guwahati with the Brahmaputra through sustainable and inclusive urban development.

Addressing the gathering, Sitharaman said the initiatives mark a significant step towards strengthening multimodal connectivity while preserving Assam’s cultural identity through modern urban planning. She described the Gateway of Guwahati Terminal as a symbol of Assam’s forward-looking growth, aimed at improving river transport, promoting tourism, and generating new economic opportunities.

Speaking about the Brahmaputra Riverfront project, Sitharaman said it reconnects the people of Guwahati with the river, blending traditional values with modern transformation. She commended the Assam Government for protecting local livelihoods during project implementation, noting that the Uzan Bazar fish market has been retained within the riverfront area with a separate access route for fishermen.

Highlighting the efficiency of water transport, the Finance Minister stated that one litre of fuel can move a 24-ton cargo one kilometre by road, 85 kilometres by rail, and up to 105 kilometres by waterways.

Sitharaman praised the effective collaboration between the Centre and the Assam Government, noting that the State has successfully utilised interest-free loans provided for 50 years under the Special Assistance to States for Capital Investment Scheme. She said the projects embody the collective vision of Prime Minister Narendra Modi and Chief Minister Himanta Biswa Sarma to build a developed India by 2047 through inclusive and sustainable growth.

Chief Minister Himanta Biswa Sarma described the inauguration of the Guwahati Gateway Terminal as a milestone in enhancing Assam’s water transport network and expanding its multimodal infrastructure. He expressed gratitude to the Union Finance Minister for her continued support towards the State’s infrastructure development.

Sitharaman also interacted with Self-Help Group members operating stalls and shops at the new terminal. The event was attended by State Ministers, senior officials, and dignitaries.