ADB Approved 175 Million USD Loan To Improve Roads In Indian State

ADB Approved 175 Million USD Loan To Improve Roads In Indian State

MANILA, Oct 25 (NNN-PNA) – The Asian Development Bank (ADB), yesterday said, it has approved a 175-million-U.S. dollar loan, to improve connectivity and climate resilience of roads, in India’s Madhya Pradesh state.

The Manila-based bank said, the project will upgrade about 500 km of state highways and major district roads, to a standard two-lane feature.

“These roads will incorporate climate- and disaster-resilient design, innovative road safety elements, and facilities that will respond to the needs of the elderly, women, children, and people with disabilities,” the ADB said.

The ADB will build the Madhya Pradesh Road Development Corporation Limited capacity on climate change adaptation and mitigation, disaster resilience, and road safety, in road network planning and management.

“The project will help prepare strategies and plans to utilise green technology in road construction, and establish charging infrastructure for electric vehicles,” it added.– NNN-PNA

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