Skip to main content

India’s infrastructure expansion attracts further financing

India’s major infrastructure expansion programme is attracting major financing packages, which will help develop its transport networks. A series of infrastructure projects are planned for seven of India’s Northeast states by the Indian Government. In all some US$6.22 billion will be used to improve the region’s transport network according to the plans, with highways, roads and rail link all being built or improved.
May 12, 2017 Read time: 1 min

India’s major infrastructure expansion programme is attracting major financing packages, which will help develop its transport networks. A series of infrastructure projects are planned for seven of India’s Northeast states by the Indian Government. In all some US$6.22 billion will be used to improve the region’s transport network according to the plans, with highways, roads and rail link all being built or improved.

Related Content

  • India’s key tunnel project attracts new bidding
    June 5, 2017
    India’s massive Zojila Tunnel project in Jammu & Kashmir is attracting new bidding. The National Highways & Infrastructure Development Corporation (NHIDC) is asking for new bids for the project. A number of Indian and international firms are expected to enter bids, with some planning join ventures for the work, which is expected to cost US$1.55 billion.
  • India plans multi-billion $ road expansion programme
    January 17, 2024
    India is planning a multi-billion $ road expansion programme.
  • India’s new highway projects finding funding
    October 20, 2016
    Funding has been found for a major highway project in India. The Asian Development Bank (ADB) is providing a substantial portion of the US$846 million of financing required for the 800km Visakhapatnam-Chennai Industrial Corridor (VCIC). In all the ADB will provide $631 million in the form of a series of grants and loans, which will be delivered in stages. Meanwhile the Indian Government will provide $215 million. The VCIC itself forms part of the 2,500km East Coast Economic Corridor (ECEC).
  • Strong interest in upcoming bC India show
    April 11, 2014
    The Indian construction market is bullish in the run up to the bC Indian show, being planned for December 15th to 18th, 2014. The event will be held in the India Expo Centre in Greater Noida, near capital Delhi and strong attendance is expected, especially since the country’s construction sector is seeing high demand for new equipment in response to a series of major new contracts and projects getting underway. One key investment is from the Airports Authority of India (AAI), for example, which is planning