The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India.

Banking & Finance

The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India. The highways will be upgraded with climate- and disaster-resilient design, road safety elements, and other features that will respond to the needs of the elderly, women, children, and people with disabilities. The project will also encourage women’s participation by providing employment to female workers in construction works. The government is contributing $156.6 million to the project. Since 2008, ADB has provided five loans totaling $1.63 billion to the state of Bihar.


      The Asian Development Bank (ADB) has approved a $295 million loan to widen and upgrade around 265KM of state highways, improving transport connectivity and safety in the state of Bihar in India.

      The government is contributing $156.6 million to the project.

      Since 2008, ADB has provided five loans totaling $1.63 billion to the state of Bihar.

 

     


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