Japanese loans to help fund Indian road projects

Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 road
December 11, 2015 Read time: 1 min
Five road projects in India will benefit from funding provided by loans from Japan. The Japan International Cooperation Agency (JICA) is to provide loans worth a total of US$738.65 million to fund five road projects. These will form part of the North East Connectivity project, which has been planned by the Indian Government. The work includes upgrade works to the northeast road network, while the Indian Government has also dedicated a portion of the funds to upgrade the Aizwal-Tuipand, NH-51, and NH-54 roads.
Finance & Funding Road Structures

Related Content

  • North Cameroon Road improvements planned
    November 27, 2023
    More road improvements are planned for North Cameroon Road
    Read More
  • India road projects being carried out
    July 26, 2017
    The Indian Government has plans to redevelop road infrastructure links in the north east of the country. Planned spending of US$31.1 billion will be used to improve and upgrade the road network in the area by 2019. Plans have been drawn up by India’s National Highways and Infrastructure Development Corp Ltd (NHIDCL) and by the Public Works Department of states.
    Read More
  • South Australia highway upgrade work underway
    March 17, 2022
    Work is underway in South Australia highway for a major upgrade.
    Read More
  • East Africa drives towards road tolling
    March 18, 2016
    Road tolling is increasing in East Africa as the region’s countries expand highway networks - Shem Oirere writes. The drive towards road tolling in East Africa is gaining momentum. Uganda appears to have broken ranks with its neighbours to make huge strides in achieving progress with this innovative road financing plan. Road tolling has hitherto has been held back in East Africa for lack of political goodwill and State bureaucracies. Kenyan government officials have made announcements on planned road tollin
    Read More

Highlighted Content