ADB Funds Indian Road Projects

August 5, 2011

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The Asian Development Bank (ADB) will extend a $200m loan to India to reconstruct roads in northeastern
parts of the country.

The loan will be released in two phases and will be used to upgrade over 400km of roads in the states
of Assam, Manipur, Meghalaya, Mizoram, Sikkim and Tripura to improve mobility and accessibility.
The improvement work will include widening existing sections of roads, strengthening pavements,
raising embankments, and providing permanent structures at river crossings.
ADB will also provide $1.2m of associated technical assistance grant from Japan Fund for Poverty
Reduction to state public works departments to help them introduce modern road management
practices.

The first tranche of $75m loan will be used for improvement of 200km of roads in three states.
The Indian Government and north-eastern states will provide $98.2m in counterpart funding for the
$298.2m road improvement project to be carried out until December 2016.

Written by ITW Editor · Filed Under Uncategorized

One comment on “ADB Funds Indian Road Projects” Post your comment

Hemanta Kr. Sharma on July 19th, 2012 6:32 pm

Its good to see that, ADB is taking keen interest in the Infrastructural Development in India,being a resident of the North Eastern part of India, I am so happy that 432 km of Roads will be built up in North East States