January 6, 2021 10:22 PM

printer

Govt. today signs 2 loan agreements of USD 646 million with NDB for upgrading State Highway and District Road Network in Andhra Pradesh

<span style="color: #222222;">Government today signed two loan agreements of USD 646 million with New Development Bank for upgrading State Highway Network and District Road Network in Andhra Pradesh. Finance Ministry said, the first project is Andhra Pradesh Roads and Bridges Reconstruction Project comprising widening of 1,600 kilometre of State Highways to double lane and reconstructing dilapidated bridges on the State Highway network. </span><br />'' <br />'' <span style="color: #222222;">The second project is Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project comprising widening of 1,400 kilometre of district roads to double lane and reconstructing dilapidated bridges on the district road network. The Government of Andhra Pradesh will implement the Projects through the Roads and Buildings Department.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">The Ministry said, the two projects are expected to improve mobility and connectivity to the socioeconomic centres, enhance transport efficiency, improve road safety and riding quality, and provide all-weather accessibility for the State's road users. The projects will increase the roads' daily traffic capacity to 15,000 passenger car units, which is expected to meet the projected traffic growth over the next 20 years.</span><br />''  

Most Read
View All arrow-right

No posts found.