Skip to main content

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.

Related Content

  • New Myanmar highway project awarded
    September 14, 2017
    A new highway project worth US$184 million has been awarded in Myanmar to a joint venture comprising Punj Lloyd and Varaha Infrastructure. The project will see the construction of an improved road link measuring 120km connecting Yagyi with Kalewa. The work is expected to take three years to complete and will include the construction of three large bridges as well as two small bridges.
  • China’s road development continues in Guizhou Province
    September 4, 2017
    China’s Guizhou Province is carrying out a major programme of road network expansion and development works. In all the plan calls for the construction of 97,000km of rural roads, which are being built in a bid to boost connectivity. Funding is being provided by the Bank of Guizhou and Bank of Guiyang in the shape of a series of loans.
  • Progress on Vietnam US$2bn transport infrastructure projects
    July 17, 2012
    Two major transport infrastructure projects in Vietnam with a combined value of more than US$2billion are a step closer to completion. A tender to appoint a contractor for the US$1.47billion Danang-Quang Ngai highway development has been published by Vietnam Expressway Corp (VEC).
  • Road upgrade work for Kerala, India
    October 21, 2020
    Road upgrade work is planned for Kerala in India.