Indian projects in hand

The Indian states of Rajasthan, Maharashtra and Gujarat will see major expansion of road infrastructure.
March 2, 2012 Read time: 1 min
The Indian states of Rajasthan, Maharashtra and Gujarat will see major expansion of road infrastructure. In all some 906km of new road stretches will be built in these three states. The work will be financed loans worth US$250 million in deals agreed by 3531 India Infrastructure Finance Company Ltd (IIFCL), the Indian Government and the 943 Asian Development Bank (ADB). The plans form part of the second tranche of the Second India Infrastructure Project Financing Facility. The loan facility is for a total of $700 million and was first agreed in 2009.

For more information on companies in this article

Related Content

  • India's US$100 billion highway investment
    May 29, 2012
    India intends to continue its massive investment in highway spending. Predictions for the next five years say that up to US$100 billion will be spent on road building in the country in the coming five years. The Ministry for Road Transport and Highways plans to build 35,000km of highways, with 60% being provided by the Government budget and 40% from the private sector. The Ministry of Road, Transport and Highways will open up tendering for nine highway projects. The National Highway Authority of India (NHAI
    Read More
  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
    Read More
  • Nepal's highway plans
    March 22, 2012
    The Nepalese Government is working on plans to build a series of highways that will improve north-south connectivity for this mountainous country.
    Read More
  • Many Moroccan motorway projects now in hand
    November 11, 2014
    Morocco’s Casablanca-Rabat motorway accounts for almost 20% of motorway tolls in the country, generating US$25.16 million for Autoroutes du Maroc (ADM) in the first half of 2014, a growth of 4.1% from the previous year. With relatively low maintenance costs (mainly used for widening the road) the Casablanca-Rabat motorway is ADM's most profitable route. The 76km route is travelled by 51,000 vehicles/day, far higher than any other motorway. The Berrechid-Agadir motorway (which includes Berrechid-Marrakesh an
    Read More

Highlighted Content