Saturday , 8 August 2020

Tag Archives: Asian Development Bank

Asian Development Bank to aid Chennai Metro

The Asian Infrastructure Investment Bank (AIIB) will aid the second phase of the Chennai Metro project. ADB will fund Rs 2,306Cr to commence the 18-km long elevated structure of the project. The 18-km stretch between Meenakshi College and Poonamallee bypass is part of 26.1 km corridor of Chennai Metro’s phase 2 which will connect from Light House to Poonamallee Bypass. ...

Jaipur Metro to get ADB funding

The Asian Development Bank (ADB) has sanctioned $176 million funding for the Jaipur Metro to extend Line 1 of the first phase of the metro. As per the Jaipur Development Authority?s public transport plan, the Rajasthan government is constructing a 9.7km elevated metro train from Mansarovar in the western part of the city to Chandpole on the western edge of ...

ADB loan for J&K Infrastructure

The Asian Development Bank has given a $110 million loan for developing the urban infrastructure of Jammu and Kashmir. Among other things, it will revamp the state?s urban infrastructure for transport, helping reduce inner city traffic congestion. The loan has a 25-year term including a grace period of five years.

SMEC wins India State Highway deal

The Australia based consulting firm SMEC has been awarded a contract for the construction, supervision and contract administration for the second stage of the Karnataka State Highway Improvement Project. There are nine separate civil work packages in the contract in which about 620km of highways will be upgraded. The upgrading work includes constructing new alignments for two-lane roads, widening other ...

India-Myanmar-Thailand trilateral highway

Construction work on a trilateral highway connecting the north-eastern states of India with Myanmar and Thailand has begun. The trilateral highway, which is expected to be completed by 2016, will play an important role in promoting and boosting trade and investment flows between the three countries, allowing freight and container trucks to move across the borders of India, Myanmar and ...

India-Myanmar-Thailand trilateral highway

Construction work on a trilateral highway connecting the north-eastern states of India with Myanmar and Thailand has begun. The trilateral highway, which is expected to complete by 2016 will play an important role in promoting and boosting trade and investment flows between the three countries, allowing freight and container trucks to move across the borders from India to Myanmar and ...

Karnataka gets financial aid for upgrading highways

For major overhauling of Karnataka’s highway system, the Asian Development Bank (ADB) has approved a loan of $315m to the state. This is part of the $463m state highway improvement project which includes the upgrading of 600km of the state’s highways. It is also for support for betterment of road planning, maintenance, safety and operation. Under the project to be ...

Bandra Worli Sea Link Bridge of HOPE

In a whirly bird over the arc of the Mahim Bay, the gigantic towers of the city's most recent infrastructural marvel, the Bandra Worli Sea Link, appear like an apparition in steel rising out of the sea, hands, as it were, folded in a namaskara, the traditional Indian gesture of obeisance, even as the waves below gently wash the Mumbai shore in an act of abhisheka.