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.

For more information on companies in this article

Related Content

  • Bihar crossing for Ganges River
    November 16, 2016
    A loan facility from the Asian Development Bank (ADB) will help fund work on the project to construct a new bridge over the River Ganges in India’s Bihar State. Because of the width of the river at this point, the bridge will be close to 10km in length, making it the longest in India. The new bridge will improve transport connections between the north and south of the state and the project is expected to cost around US$500 million. Building the bridge will help develop transport and trade in the area, as we
    Read More
  • Indian State of Rajasthan sees highway development
    July 7, 2017
    India’s Rajasthan State is benefiting from new financing for its Highways Investment Programme. A loan facility will pay for highway development work in the state. Approval has been given from the Asian Development Bank (ADB).
    Read More
  • ADB to provide Tajikistan US$105 million for key road projects
    August 12, 2013
    Asian Development Bank (ADB) will provide Tajikistan US$105 million for two key highway projects. Around $82 million, including subsidies of $70 million, will be used to reconstruct the 88km long Vose - Khovaling road. A further $23 million will go on asphalting the Sayron - Karamyk road. On their completion, both highway works are expected to enhance regional economic cooperation and inclusive economic growth in Tajikistan.
    Read More
  • New Tajikistan highway project to start
    April 21, 2021
    A new highway project is planned for Tajikistan.
    Read More

Highlighted Content