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 Uttar Pradesh State road development
    August 5, 2021
    India’s Uttar Pradesh State has set out a road development programme.
    Read More
  • Russia to commission new Moscow-St Petersburg highway by 2020
    June 20, 2017
    Final delivery of the final stretch for Russia’s key highway project looks set to be delayed – Eugene Gerden writes. I now looks as if Russia’s most ambitious project in the field of road building in recent years, the building of a new high-speed road link between Moscow and St Petersburg, the country’s largest cities, will not be complete in time. The project was set up by the Russian government and several private investors. According to initial state plans, building of the new road should have been compl
    Read More
  • Indian road building works
    September 15, 2021
    Indian road building works are planned for Uttar Pradesh and Tamil Nadu.
    Read More
  • Vietnam highway project receiving South Korean funding?
    November 3, 2017
    Vietnam’s Belt Road Three project is being planned at present, with some of the financing still being sought. The route will run between Tan Van District and Nhon Trach District, crossing the Dong Nai River. The project is expected to cost US$2.46 billion to construct and will feature four lanes initially, with additional lanes being built in future phases. The 89.3km route has been approved and runs through the provinces of Binh Duong, Dong Nai and Long An, as well as through the outskirts of Ho Chi Minh
    Read More

Highlighted Content