ADB in US$ 300 million India road loan

By Helen Wright10 March 2011

The Asian Development Bank (ADB) has loaned India US$ 300 million to upgrade over 1000 km of highway in Madhya Pradesh state.

The project will expand existing highways into two lane routes, and construct and strengthen bridges, culverts, and cross drainage structures, using environmentally friendly designs.

The Government of Madhya Pradesh is also providing US$ 75 million towards the project, which is scheduled to be completed in December 2013.

The project falls under the state government's ongoing road rehabilitation programme, which the ADB has previously assisted. About 7400 km of the more than 10000 km of state highways have already been improved.

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