Ministry of Finance and the Asian Development Bank (ADB) signed a $181 million loan to build quality infrastructure and services toward improving urban livability and mobility in the peri-urban areas of Ahmedabad, Gujarat.
Banking & Finance
Ministry of Finance and the Asian Development Bank (ADB) signed a $181 million loan to build quality infrastructure and services toward improving urban livability and mobility in the peri-urban areas of Ahmedabad, Gujarat. The project aims to make peri-urban areas of Ahmedabad livable, environmentally sustainable, and efficient with robust physical and social infrastructure, a vibrant economy, and a distinct identity as a preferred investment destination. The project will benefit urban poor, women, and migrant workers through improved urban services and urban governance. It will construct 166 km of water distribution network, 126 km of climate-resilient stormwater drainage, 300 km of sewerage systems, and four sewage treatment plants.
The project is also supporting 10 junction improvements along the existing Sardar Patel Ring Road to improve connectivity of peri-urban areas to Ahmedabad city.
Asian Development Bank (ADB)
Founded- December 1966
HQ- Mandaluyong, Philippines
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