HomeNewsAgreements MoUADB approves $300 million additional loan for rural roads projects in Maharashtra

ADB approves $300 million additional loan for rural roads projects in Maharashtra

ADB approves $300 million additional loan for rural roads projects in Maharashtra

Asian Development Bank (ADB) has given its approval for a $300 million loan as additional financing. the loan amount will be used for the ongoing Maharashtra Rural Connectivity Improvement Project for upgrading rural roads and connecting remote areas with markets.

  • The Loan will be used to improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 km in 34 districts of Maharashtra.

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