India road funding to develop network

India is continuing with its ambitious plans for road network development. A number of banks have given assurances that they will provide the necessary funding to pay for nearly US$19 billion of highway projects. The projects will be carried out under the engineering, procurement and construction model according to India’s Ministry of Road Transport & Highways. One of the plans under the wider road development programme is to develop India’s cross-border links with its neighbours. This calls for the const
July 23, 2018 Read time: 1 min
India is continuing with its ambitious plans for road network development. A number of banks have given assurances that they will provide the necessary funding to pay for nearly US$19 billion of highway projects. The projects will be carried out under the engineering, procurement and construction model according to India’s  Ministry of Road Transport & Highways.


One of the plans under the wider road development programme is to develop India’s cross-border links with its neighbours. This calls for the construction of 1,911km of road links, with the work expected to cost $3.65 billion and being carried out in a series of stages over the next five years.

Finance & Funding

Related Content

  • ACE/AECOM report: private sector and user-pay for English roads
    May 14, 2018
    It’s one minute to midnight for funding England’s roads, according to a timely new report, and the clock’s big hand is pointing to some form of user-pay solution, reports David Arminas Is there any way out of future user-pay funding for England’s highway infrastructure? The answer is a resounding ‘no’, according to the recently published report: Funding Roads for the Future. The brief 25-page document by the London-based Association for Consultancy and Engineering, ACE**, sums up the state of England’s ro
    Read More
  • Chinese investment sought for Cameroon roads
    September 19, 2024
    Chinese investment is being sought for Cameroon’s road improvements.
    Read More
  • India project receiving partial funding from South Korea
    October 16, 2017
    Construction of the new highway in India connecting Mumbai with Nagpur will commence in early 2018. The highway will be one of the largest construction projects in India as it will measure 701km long, running through 10 districts. It will cost US$7.09 billion to construct, with $5.4 billion of the funding necessary being provided in the shape of a loan from South Korea. The work is expected to take 36 months to carry out with the Maharashtra State Road Development Corp (MSRDC) managing the project.
    Read More
  • Tolling model for funding road development
    April 4, 2017
    Road tolling is being used worldwide as a way to develop highway infrastructure, with road users paying for access. Tolled roads are not a new concept and date back centuries, but in recent times, as governments have struggled to fund highway development programmes directly, tolling has increased in popularity worldwide. In Africa, Asia, Europe, Latin America and North America, tolled highways are now extremely well established. The specifics of the business models vary but state-owned toll-road firms ty
    Read More

Highlighted Content