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

  • Study planned for Sri Lanka – India link
    July 21, 2015
    India plans to carry out the necessary feasibility study into the bridge and tunnel connection with Sri Lanka. India’s Transport Ministry has said that the Asian Development Bank (ADB) will provide the finance needed for the project, which is now expected to cost US$3.6 billion. According to India’s Transport Ministry the bridge and tunnel link with Sri Lanka forms part of a plan to boost the country’s connections with its neighbours. The new over sea crossing will provide an important connection to a count
    Read More
  • Nepal plans road infrastructure expansion
    March 12, 2014
    Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
    Read More
  • India’s massive plans for highway development
    February 10, 2016
    The Indian Government has set out plans to award highway projects worth at least US$8.84 billion during the next fiscal year. These projects will be offered under the hybrid annuity model, according to a report in the Economic Times. KPMG has stated that some 21 projects for a total of 1,500km and worth close to a third of that sum will be granted by the Indian Government in the current fiscal year.
    Read More
  • More cash for BC Trans-Canada upgrades
    August 30, 2024
    Procurement for phase 3B of the Highway 1 improvements, between Langley and Abbotsford, in the Canadian province of British Columbia will start next year.
    Read More

Highlighted Content