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

  • The US FAST Act: a job left unfinished
    April 4, 2016
    US roads and bridges are crumbling at an alarming rate as state governments wring their hands over the increasingly scarce money for repairs. Enter the FAST Act. But is it enough? US state transportation department officials, as well as highway contractors and operators, breathed a sigh of relief in December. For months the highways infrastructure sector waited anxiously to see where the necessary money for road projects would come from. For several years, the Highways Trust Fund – the usual way of paying f
    Read More
  • Paraguay’s road development works
    December 25, 2020
    Paraguay’s road development works increased for 2020.
    Read More
  • India's road challenge
    February 27, 2012
    India is pushing hard with its highway expansion programme, according to Brijeshwar Singh, chairman of the National Highway Authority India (NHAI).
    Read More
  • Russia ploughs ahead with road expansion
    October 14, 2022
    Despite Western economic sanctions, Russia plans a record road building programme up to 2027, as Eugene Gerden reports
    Read More

Highlighted Content