ADB Approves USD 300 Million Additional Loan For Rural Roads In Maharashtra

Asian Development Bank on Friday said it has approved a USD 300 million loan as additional financing for the ongoing Maharashtra Rural Connectivity Improvement Project that is upgrading rural roads and connecting remote areas with markets. The ongoing project, approved in August 2019, has been improving and maintaining the condition and safety of 2,100 kilometres (km) of rural roads across Maharashtra, the Manila-based bank said in a statement. The additional financing will improve an additional 1,100 rural roads and 230 bridges for a total length of 2,900 km in 34…

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