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

  • Bolivia road upgrade funded by World Bank
    January 16, 2017
    A loan worth US$230 million from the World Bank will help pay for a major highway upgrade in Bolivia. The highway connects San Ignacio de Velasco and San Jose de Chiquitos in Santa Cruz. The funding will pay for the route to be paved with a new surface, which will help deliver lower journey times for road users, as well as improving safety levels. The upgrade to the road will help to increase capacity and will also provide a boost to the local economy in the Santa Cruz area of the country.
    Read More
  • Philippines infrastructure projects - funding plans
    June 19, 2020
    Funding plans are being set out for key infrastructure projects in the Philippines.
    Read More
  • Loans for Georgian roads
    July 20, 2012
    Loans from the European Investment Bank (EIB) and the EU will finance highway work in Georgia. The funds will be used to pay for the construction of the high-speed motor road running from West – East across Georgia. The EIB will give a long-term preferential credit worth €170 million, while the EU will provide a €20 million grant. As part of the project, a four lane highway measuring 52km will be built from Samtrediya – Grigoleti, while the 16km section Grigoleti - Kobuleti stretch will be repaired.
    Read More
  • Nicaragua road widenging and repair budgets
    March 6, 2018
    Nicaragua’s capital Managua is to benefit from a project to widen and upgrade the Pista Juan Pablo II road. Funding is being provide from a number of sources. The European Investment Bank (EIB) is providing US$136 million while the Central American Bank for Economic Integration (CABEI) is providing $105.5 million. The council of Managua meanwhile will provide $33.4 million. The work will see upgrades to 9.55km of the route, which also includes building new flyover sections.
    Read More

Highlighted Content