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ADB And India Sign $177 Million Loan For State Road Improvements In Maharashtra
(15:31, 28 May 2020)

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The-Asian-Development-Bank-(ADB)-and-the-Government-of-India-today-signed-a-$177-million-loan-to-upgrade-450-kilometers-(km)-of-state-highways-and-major-district-roads-in-the-state-of-Maharashtra.-The-project-is-expected-to-improve-connectivity-between-rural-areas-and-urban-centers-in-the-state-enabling-rural-communities-to-better-access-markets,-employment-opportunities-and-services.-Improved-mobility-will-expand-development-and-livelihood-opportunities-outside-of-the-state's-major-urban-centers-to-second-tier-cities-and-towns-thus-reducing-income-disparities.-

The-project-will-also-strengthen-road-safety-measures-by-developing-a-road-safety-audit-framework-that-will-protect-vulnerable-groups-such-as-the-elderly,-women,-and-children,-following-the-international-best-practice.-Overall-the-project-will-upgrade-2-major-district-roads-and-11-state-highways,-with-combined-length-of-450-km,-to-2-lane-standard-across-seven-districts-of-Maharashtra,-and-improve-connectivity-to-national-highways,-interstate-roads,-seaports,-airports,-rail-hubs,-district-headquarters,-industrial-areas,-enterprise-clusters-and-agricultural-areas.-The-project-will-also-focus-on-training-the-Maharashtra-Public-Works-Department-project-staff-to-build-their-capacity-in-climate-change-adaptation-and-disaster-resilient-features-in-road-design,-road-maintenance-planning-and-road-safety.-ADB-is-committed-to-achieving-a-prosperous,-inclusive,-resilient,-and-sustainable-Asia-and-the-Pacific,-while-sustaining-its-efforts-to-eradicate-extreme-poverty.-Established-in-1966,-it-is-owned-by-68-members—49-from-the-region.

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The-Asian-Development-Bank-(ADB)-and-the-Government-of-India-today-signed-a-$177-million-loan-to-upgrade-450-kilometers-(km)-of-state-highways-and-major-district-roads-in-the-state-of-Maharashtra.-The-project-is-expected-to-improve-connectivity-between-rural-areas-and-urban-centers-in-the-state-enabling-rural-communities-to-better-access-markets,-employment-opportunities-and-services.-Improved-mobility-will-expand-development-and-livelihood-opportunities-outside-of-the-state's-major-urban-centers-to-second-tier-cities-and-towns-thus-reducing-income-disparities.-

The-project-will-also-strengthen-road-safety-measures-by-developing-a-road-safety-audit-framework-that-will-protect-vulnerable-groups-such-as-the-elderly,-women,-and-children,-following-the-international-best-practice.-Overall-the-project-will-upgrade-2-major-district-roads-and-11-state-highways,-with-combined-length-of-450-km,-to-2-lane-standard-across-seven-districts-of-Maharashtra,-and-improve-connectivity-to-national-highways,-interstate-roads,-seaports,-airports,-rail-hubs,-district-headquarters,-industrial-areas,-enterprise-clusters-and-agricultural-areas.-The-project-will-also-focus-on-training-the-Maharashtra-Public-Works-Department-project-staff-to-build-their-capacity-in-climate-change-adaptation-and-disaster-resilient-features-in-road-design,-road-maintenance-planning-and-road-safety.-ADB-is-committed-to-achieving-a-prosperous,-inclusive,-resilient,-and-sustainable-Asia-and-the-Pacific,-while-sustaining-its-efforts-to-eradicate-extreme-poverty.-Established-in-1966,-it-is-owned-by-68-members—49-from-the-region.

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