ADB approves US$ 300 million Indian roads loan
12 December 2012
The Asian Development Bank (ADB) has signed off on a US$ 300 million loan to upgrade over 900 km of roads in India's Chhattisgarh State.
Work will include expanding roads to two lanes, building new sections, and constructing and strengthening culverts and bridges. The project supports Chhattisgarh’s priority investment programme to improve more than 8,800 km of state roads. Once the project is completed in December 2017, ADB will have financed upgrades to nearly 2,200 km of the network in the state.
Chhattisgarh, in central India, has about 36,000 km of roads, but about 80% of the total network is considered rough, with some sections impassable in the monsoon season.
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