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Asian Development Bank (ADB) and Government of India Sign 200 Million Loan Agreement to Help Upgrade 176 Km of State Roads in State of Jharkhand

News and Press Release - Dated:- 3-6-2016 - The Asian Development Bank (ADB) and the Government of India signed today in the national capital an agreement for $200 million new loan to upgrade 176 Kilometers of State roads in State of Jharkhand. The financing for the Jharkhand State roads II Project will upgrade existing sections of four State roads to two lane standard and will also support improvements in the design, safety and maintenance of the network. Speaking on the occasion, Mr Raj Kumar. .....

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cally identify, analyze, develop and prioritize critical road safety measures, which will benefit all road users. Ms M. Teresa Kho, Country Director of ADB s India Resident Mission, who signed the agreement on behalf of ADB, said that ADB has been supporting the State s goals of improving its road connectivity by providing an initial loan for upgrading 311 km of State Roads in 2009. She said that the new assistance will continue the ongoing physical upgrades as well as increasing the institution .....

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