Roads upgrade in India’s Maharashtra State

A major road upgrade programme is being planned for India’s Maharashtra State. A loan worth US$200 million is being provided by the Asian Development Bank (ADB) to pay for the work. The plan calls for roads in 34 of Maharashtra State’s districts to be surfaced. The State Government will provide $96 million to the programme also. The ADB is also providing a$1 million for technical assistance to the Maharashtra Rural Road Development Association.
August 12, 2019 Read time: 1 min
A major road upgrade programme is being planned for India’s Maharashtra State. A loan worth US$200 million is being provided by the 943 Asian Development Bank (ADB) to pay for the work. The plan calls for roads in 34 of Maharashtra State’s districts to be surfaced. The State Government will provide $96 million to the programme also. The ADB is also providing a$1 million for technical assistance to the Maharashtra Rural Road Development Association.
Finance & Funding

For more information on companies in this article

Related Content

  • Pakistan’s key highway and bridge connections
    September 28, 2017
    Plans are now being drawn up for a series of projects that will form part of the China-Pakistan Economic Corridor (CPEC). Four road projects worth over US$3.32 billion have been added to the CPEC programme. The Chinese Government is now in agreement with the plans for the CPEC. One of the new roads being built will run from Naukundi, through Mashkel and to Panjgur. The road will join National highway N-40 with CPEC Route N-85, and the Zhob-Kuchlak route. This last link forms part of the Western Corridor CPE
    Read More
  • India’s highway projects benefiting from World Bank funding
    July 4, 2014
    A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan
    Read More
  • India rural roads development programme
    November 17, 2017
    Although India’s highway development programme has been seen as a high priority for the country’s economic development, rural roads have been so far regarded as less important. However a new programme of rural road development is being set up in a bid to redress the balanace.
    Read More
  • Funding sources being sought for Indian highways
    January 25, 2016
    India’s Ministry of Transport and Highways is looking to source loans to help fund highway development. The Japan International Cooperation Agency (JICA) looks set to provide a partial source for the funding required. In all just over US$885 million will be needed to pay for India’s National Highway Development Project (NHDP). The Japan International Cooperation Agency (JICA) has approved a loan of just over $590 million for the Indian Government-run National Highways and Infrastructure Development Corp (NH
    Read More

Highlighted Content