Tag Archives: ADB loan

ADB Provides $220 Million to Rajasthan for Highways

The Asian Development Bank (ADB) and the Government of India on Monday signed a $220 million loan for improving connectivity in Rajasthan building efficient state highways. The loan is the first tranche of the $500 million Rajasthan State Highways Investment Program, approved by ADB Board in May 2017, that will upgrade about 2,000 kilometers of state highways and major district ...

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ADB Gives $375 Mln Loan for Visakhapatnam-Chennai Industrial Corridor

Visakhapatnam-Chennai Industrial Corridor

The Asian Development Bank (ADB) and the Government of India signed in New Delhi $375 million in loans and grants to develop 800-kilometer Visakhapatnam-Chennai Industrial Corridor, which is the First Phase of a planned 2,500–kilometer long East Coast Economic Corridor (ECEC). The Corridor is expected to spur development on India’s eastern coast in line with the Government of India’s Make ...

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