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Tag Archives: coastal project

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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