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

  • Rebuilt road to connect airport to Mombasa
    June 16, 2014
    The final funding has been found for a new dual carriageway connection linking the city of Mombasa to its airport. The Transport Ministry has revealed that US$15 million is being provided for the work by Trademark East Africa, on top of the $24 million being provided by the Kenyan Government. The tender process for the project is now commencing and the size of the deal involved is being revealed shortly. The upgraded road will link Moi International Airport with Changamwe, which lies on the western outskirt
    Read More
  • Chinese loan to fund Kenya road project
    December 2, 2016
    A loan from the China Exim Bank will help pay for a new road project in Kenya. The loan is being offered to Kenya’s Government and is worth US$227.2 million, around 46% of the sum required for the whole 472km road project. The project is being handled in three phases, with this loan being sufficient for the first 192km stretch that will connect Kibwezi with Kitui, running through Mutomo. This first section will be constructed by Chinese contractor Sinohydro. The second stretch of the project will measure 16
    Read More
  • Indonesia road funding found for two highways
    June 27, 2016
    Financing looks to have been secured for major tolled highway projects in Indonesia. These highways are the 129km Pekan Baru-Dumai route, which forms part of the Trans-Sumatra highway, the 60.5km Cileunyi-Sumedang-Dawuan (Cisumwadu) road and the 39km Manado-Bitung route. A loan from the Asian Infrastructure Investment Bank (AIIB) worth some US$370.2 million is expected to provide around half of the financing required for the Pekan Baru-Dumai route. Meanwhile loans worth a total of $300.2 million from the Ex
    Read More
  • Burkina Faso targeting road upgrades
    June 28, 2019
    Burkina Faso is planning a major road upgrade programme. The Burkina Faso Government has set a budget of US$309 million to improve several key road sections. A portion of the funding being supplied by Japan. Funding is also being supplied by the West African Development Bank and through the Burkina Special Road Fund (FSR-B). The country’s capital, Ouagadougou, will be amongst the cities to benefit from new and improved roads. Ouagadougou’s Tansoba Boulevard south-eastern ring road will benefit from a $45 m
    Read More

Highlighted Content