ADB to extend $200 mn loan for upgrading roads in Bihar

ADB to extend $200 mn loan for upgrading roads in Bihar

The Centre and the Asian Development Bank (ADB) signed a $200 million loan agreement to finance widening and upgrading of about 230 km of state highways in Bihar to all-weather standards with road safety features, according to an official release.

Since 2008, ADB has provided four loans amounting to $1.43 billion to Bihar for upgrading about 1,453 km of state highways and constructing a new bridge over the Ganga River near Patna.

Bihar State Highways III Project, approved by the ADB Board in October this year, will involve upgrading state highways to standard two-lane width with road safety features and paved shoulders including reconstructing, widening, and strengthening culverts and bridges, the release said. Read More

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