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

  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km
    Read More
  • US$270 million Indian road tunnel open
    January 16, 2025
    A key US$270 million Indian road tunnel is now open.
    Read More
  • Improved road links between Kenya and Tanzania
    July 22, 2013
    Work on the Taveta-Voi road link connecting Kenya and Tanzania is now being planned. The African Development Bank is providing a loan worth US$113 million. The work includes widening and improving a 42km bypass at Arusha and upgrades to a 115km section of road between Holili and Arusha. This package of works is due for completion by 2018. The Kenyan Government is itself funding upgrades to a 24km section of road running from Voi-Mwatate. Many of the existing links between Kenya and Tanzania are in poor cond
    Read More
  • Highway developments to boost east-west transport
    February 16, 2012
    Huge highway developments are being planned and carried out to further improve East-West transport, with Central Asia a key region as Patrick Smith reports
    Read More

Highlighted Content