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

  • Nepal-India bridge project planned
    September 4, 2017
    Plans are being drawn up for a new bridge connection that will link Nepal with India. The bridge will span the Mechi River and will connect India’s Panitanki Bypass with Nepal’s East-West Highway. The project has been the subject of discussions between the two countries and is now moving forward following the successful conclusions of talks. The aim of the project is to boost trade and transport between the two nations. Construction of the 1.5km bridge link is expected to cost US$24.8 million
    Read More
  • Road user charging to pay for road improvements?
    February 20, 2012
    What is the current situation with Russian roads? It is an objective answer to this question that is contained in the official report of the Federal State Statistics Service for 2009. Here it states: "...public roads are of poor quality: 8.4% of roads accounted for groundwater, nearly a third of roads are gravel, rubble or cobblestone.
    Read More
  • Major new road and bridge projects underway in India
    December 22, 2016
    A series of major road and bridge projects is now underway in India. One of the most notable is the US$500 million project to build a new bridge spanning the River Ganges, which will be the longest in the country. Financing for the 9.8km bridge has been provided in the shape of a loan from the Asian Development Bank (ADB). The new link will be located close to Patna and is spanning both channels of the Ganges at this point and it features a cable-stayed design. The new bridge is required as the original str
    Read More
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
    Read More

Highlighted Content