ADB funds India roads restoration
13 August 2013
The Asian Development Bank (ADB) has agreed to finance a further US$ 300 million for the upgrade of 254 km of highway as part of the Bihar State Highways II Project in India.
The project, which is already underway, will widen existing sections of four highways to two lanes, build and maintain bridges, and strengthen pavement.
The total cost of the project – scheduled for completion in 2017 - is US$ 375 million, with the government of Bihar providing the remainder of the funds.
The Bihar State Highways II Project will also use a US$ 1 million grant to prepare a 20-year road master plan for Bihar state, according to ADB.
ADB provided assistance to Bihar State Highways Project I in 2008, and Project II in 2010. The two projects will restore 1,209 km of state highways.
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