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

  • Rwanda road rebuild project financing
    June 21, 2019
    Financing is being secured for an important road connection in Rwanda. A grant of US$42 million is being provided by China, following and agreement with the Rwanda Government. The funding will help to pay for a 10km stretch of road that links Kigali with Masaka, lying to the east of the city. The work will also improve connections to Eastern Rwanda, while helping to boost the country’s economic development.
    Read More
  • Work underway on Macedonia’s new highways
    February 26, 2014
    In Macedonia work is now being carried out on two new highway projects. One project is for the construction of a 57km highway between Kiceva and Ohrid and the work is expected to cost €375 million. The construction work is being carried out by the Chinese contractor Sinohydro Corporation, with finance coming from China's Ex-Im Bank. The Kiceva-Ohrid highway project is expected to take four years to complete. The same contractor is also building the 47km Miladinovci-Stip highway in Macedonia, with the €206 m
    Read More
  • Key Colombian highway under construction
    June 23, 2021
    A key Colombian highway project is now under construction.
    Read More
  • Wacker Neuson sees business growth with strong results
    November 10, 2017
    The Wacker Neuson Group is reporting a strong third quarter performance for 2017. The company’s latest results reveal a marked increase in revenue and earnings and says it remains positive about the fourth quarter of 2017. Wacker Neuson says it expects its revenue and earnings forecast for the current fiscal year to come in at the higher end of previous forecasts. The Wacker Neuson Group reported revenue of € 378.7 million for the third quarter of 2017. This corresponds to an increase of 20% over the €315.
    Read More

Highlighted Content