ADB to provide US$300 million loan for roads project in Chhattisgarh, India

The Chhattisgarh government in India will receive a US$300 million loan from the Philippines-based Asian Development Bank (ADB) for upgrading more than 900km of roads by 2017. The project will include works like building new sections, expanding roads to accommodate a two-lane system as well as the construction and strengthening of culverts and bridges. The state will also contribute over $128 million for a total project investment cost of $428.10 million.
December 13, 2012 Read time: 1 min
The Chhattisgarh government in India will receive a US$300 million loan from the Philippines-based 943 Asian Development Bank (ADB) for upgrading more than 900km of roads by 2017.

The project will include works like building new sections, expanding roads to accommodate a two-lane system as well as the construction and strengthening of culverts and bridges. The state will also contribute over $128 million for a total project investment cost of $428.10 million.

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