Indian road improvement

Some 433km of roads in six states in India's North East region will be upgraded in work that forms part of the North Eastern State Roads Investment Programme.
February 29, 2012 Read time: 1 min
Some 433km of roads in six states in India's North East region will be upgraded in work that forms part of the North Eastern State Roads Investment Programme. This programme has been approved by 895 India's Cabinet Committee on Economic Affairs, with a portion of the financing coming from the 943 Asian Development Bank (ADB). The coordination with the ADB for the US$301 million project will be carried out by the North Eastern Region Development Ministry. For the first phase the road projects will comprise of 34.2km of roads that will be upgraded or constructed, 93.4km in Meghalaya and 74.7km in Assam while the second phase will include the uplifting of 20.3km in Tripura, 93.2km in Manipur, 55km in Mizoram and some 63km in Assam. The project is due for completion in 2016.

For more information on companies in this article

Related Content

  • World Bank cuts Ukraine financing
    June 14, 2012
    The World Bank is reducing its financing of projects in Ukraine until 2016. The new cooperation strategy between the bank and the country's government follows a drop in financing through slow spending loans extended by the bank to the country. The bank will provide US$150million for the Second Project for Exports Development in 2012. And Ukraine can also receive $1billion in 2013–2014, but both financing packages depend on development of economic reforms in the country during the following two years. The
    Read More
  • India’s longest tolled expressway is open to traffic
    January 2, 2013
    Earlier this year, a new expressway was opened to traffic in India, adding connectivity to the country’s road network - Mike Woof reports. India’s economic growth has fuelled a massive construction boom in the country. Road building has been set as a priority by the Indian Government to help ensure continued economic development and improve connectivity between major population centres. One major new expressway has recently opened to traffic, having been designed to international standards and provides insi
    Read More
  • Vietnam plans highway building
    February 24, 2012
    Vietnam Expressway Corporation (VEC) reports strong interest in for the 58km Ben Luc-Long Thanh expressway project.
    Read More
  • Boom in Asian infrastructure investment
    February 8, 2012
    Investment in China and India continues unabated, but other nations on the continent are eager to attract companies as Patrick Smith reports Asia is still booming despite the current economic crisis, and new infrastructure programmes are constantly coming on stream. Powerhouses China and India, with their double-digit growth figures and huge infrastructure plans (in scope and cost), are leading the way and are still magnets for businesses wishing to expand, both in terms of facilities and customers. But oth
    Read More

Highlighted Content