New road building planned for India’s Kerala State

New loans will help pay for road building in India’s Kerala State. The World Bank is providing a package of loans worth US$216 million. This will be used to upgrade and widen 363km of roads in Kerala State. The work forms part of the Kerala State Transport Project (KSTP), specifically for the second phase of the State Highway corridor programme.
July 24, 2019 Read time: 1 min

New loans will help pay for road building in India’s Kerala State. The World Bank is providing a package of loans worth US$216 million. This will be used to upgrade and widen 363km of roads in Kerala State. The work forms part of the Kerala State Transport Project (KSTP), specifically for the second phase of the State Highway corridor programme.

Finance & Funding

Related Content

  • India highway works planned
    July 28, 2020
    Key highway works are being planned in India.
    Read More
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
    Read More
  • India’s highways plan to link the country
    June 15, 2016
    India is working on a master plan that will boost transport across the country. This calls for the construction of a grid pattern of highways, with the concept strongly influenced by the US interstate system. The four-lane, national highway corridors plan has been developed by the National Highways Authority of India (NHAI). This envisages a total of 27 highways set out on a grid pattern and with a total length of 36,600km, with north-south and east-west routes spaced some 250km apart. The plan calls for
    Read More
  • New Ganga River crossing for India
    June 12, 2018
    A new bridge crossing is being planned for the River Ganges in northern India. The bridge will be 9.9km long and will cost US$291 million to build, with completion scheduled for late 2021. The bridge will carry three lanes in either direction and will be built at Allahabad, the confluence of the Ganges and its tributary, the Yamuna River. At present the existing Phaphamu Bridge at Allahabad is congested as it features just two lanes. The new bridge will help to improve transport to the important religious a
    Read More

Highlighted Content