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Home News India rural road upgrade in Madhya Pradesh State

India rural road upgrade in Madhya Pradesh State

India’s Madhya Pradesh State is planning to improve connectivity to rural areas with a plan to improve rural roads. Funding for the work is being provided through a loan sourced from the Chinese Asian Infrastructure Investment Bank (AIIB). The loan is worth some US$140 million and will help pay for surfacing work to existing gravel roads and dirt roads. In addition, a road safety programme will be instituted across the state, using a portion of the loan.

by amcdonnell
April 19, 2018
in News
Reading Time: 1 min read
A A

India’s Madhya Pradesh State is planning to improve connectivity to rural areas with a plan to improve rural roads. Funding for the work is being provided through a loan sourced from the Chinese Asian Infrastructure Investment Bank (AIIB). The loan is worth some US$140 million and will help pay for surfacing work to existing gravel roads and dirt roads. In addition, a road safety programme will be instituted across the state, using a portion of the loan.

Categories: Finance & Funding

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