India’s rural roads to benefit from new programme

A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to
February 6, 2018 Read time: 1 min

A loan worth US$250 million will be help pay for road development work in parts of India. The loan is being provided by the Asian Development Bank (ADB) in a deal agreed with the Indian Government. This funding will be used for road projects in five of India’s states. The work will focus on boosting connectivity and safety, particularly for rural areas. In all some 12,000km of roads will be improved with the programme. Another $250 million loan will also be provided by the ADB with this package intended to pay for India's Second Rural Connectivity Investment Programme.

Finance & Funding

Related Content

  • Road upgrades planned for Mindanao in Philippines
    February 1, 2018
    A series of road upgrades is planned for Mindanao in the Philippines. A loan worth US$380 million from the Asian Development Bank (ADB) will help pay for the works. In all, the programme of road upgrades will cost $498 million however. Eight roads in Zamboanga Peninsula totalling 277km will be upgraded along with three bridges in Tawi-Tawi Province that will be improved.
    Read More
  • Bangladesh road funding secured
    September 6, 2021
    A major road funding package has been secured for Bangladesh.
    Read More
  • ADB to provide US$300 million loan for roads project in Chhattisgarh, India
    December 13, 2012
    The Chhattisgarh government in India will receive a US$300 million loan from the Philippines-based Asian Development Bank (ADB) for upgrading more than 900km of roads by 2017. The project will include works like building new sections, expanding roads to accommodate a two-lane system as well as the construction and strengthening of culverts and bridges. The state will also contribute over $128 million for a total project investment cost of $428.10 million.
    Read More
  • Kazakhstan to see road rebuilds
    February 29, 2012
    Funding worth US$800 million is being provided by the Asian Development Bank (ADB) to help rebuild and upgrade Kazakhstan's road network.
    Read More

Highlighted Content