Indian State of Rajasthan sees highway development

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).
July 7, 2017 Read time: 1 min
RSS

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 943 Asian Development Bank (ADB). Earlier this year the ADB approved a loan of US$220 million for a 22 year period with the Indian Government. In all the work will cost $1.42 billion. The Indian Government will invest $465 million for the programme, while other sources will provide $450 million. In all the plan will see 2,000km of state highways and major roads in Rajasthan being upgraded.

Road Structures Finance & Funding

For more information on companies in this article

Related Content

  • Building programmes for Ho Chi Minh City in Vietnam
    June 9, 2014
    Ho Chi Minh City in Vietnam looks set to benefit from 14 infrastructure projects costing a total of US$9.44 billion. One of the key projects will be to improve and repair Luong Dinh Cua Street while another is for the building of the new Ha Noi Expressway-Eastern Ring Road link road. Loan facilities are being provided by the Sai Gon-Ha Noi Commercial Bank (SHB) to Phu My Construction (PMC). The construction programme also includes the Rach Chiec Bridge, five elevated highways and the Southern Ring Road. The
    Read More
  • Widening and upgrade for highway in Nicaragua’s capital
    January 27, 2017
    Nicaragua is continuing to develop its highway network, this time with a major project planned for the capital, Managua. A loan worth close to US$107.5 million from the Central American Bank for Economic Integration (CABEI) is to help pay for the project. The work calls for the upgrade and widening of the Pista Juan Pablo II route running through Managua. The 9.55km stretch of road will benefit from three additional lanes, helping to boost capacity and reduce congestion and delays at peak periods. Safety pr
    Read More
  • East Africa’s massive new ring road project
    June 30, 2016
    Plans are being drawn up for a major new highway project in East Africa. Preparations are being made by the authorities in Kenya, Uganda and Tanzania. The 450km ring road route runs around the shoreline of Lake Victoria and will provide better transport connections for Kenya, Uganda and Tanzania, as well as for other near neighbours, particularly Rwanda and Burundi. New border posts will be required, to help increase the flow of traffic between the nations. Although it will be complex, the project will boos
    Read More
  • Colombia: PPP for motorway between Cesar and La Guajira
    March 11, 2015
    In Colombia, the Council of Ministers has given official approval to a fourth public-private partnership (PPP), this time for a motorway between Cesar and La Guajira. The 350km road, costing an estimated US$151 million, will connect San Roque with Cuestecita, take four years to build and employ around 1,400 workers. The announcement comes Columbia’s National Infrastructure Agency said it will help finance construction of the Toyo tunnel in Antioquia. The tunnel, nearly 10km-long and costing almost $765, wil
    Read More

Highlighted Content