December 6, 2023 10:17 PM

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USD 175 million loan agreement signed with ADB to improve connectivity & resilience of roads in Madhya Pradesh

<span style="color: #222222;">The Government of India and the Asian Development Bank (ADB) have signed a 175 million dollar loan agreement to improve connectivity and resilience of roads in the state of Madhya Pradesh. The project will upgrade about 500 kilometres of state highways and major district roads to a standard two-lane feature. These roads will incorporate climate- and disaster-resilient design and innovative road safety elements.<br />''<br />'' ADB will build the capacity of the Madhya Pradesh Road Development Corporation Limited (MPRDC) 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. The project will also conduct livelihood and entrepreneurship training programmes for women and girls and construct at least two roadside markets.</span><br />

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