The Asian Development Bank will provide USD300 million for the rehabilitation of roads in the Indian state of Bihar. The loan will finance the Bihar State Highways II Project, which aims to build or upgrade some 365 kilometers of state highways as well as construct and repair bridges and drainage systems.
This is the second time the ADB is supporting an initiative under Bihar’s State Highway Development Program, which targets improvements to more than 2,800 kilometers of highways between 2007 and 2012.
ADB also approved a USD170 million financing facility to help Bihar and Maharashtra, another Indian state, modernize their horticulture industries.
The multitranche facility will finance improvements to key horticulture infrastructure, including cooling sites, storage sheds and farm-to-market access roads, as well as support the training of small horticulture producers in both states.