ADB Helps Finance Road Improvements in Poor Indian State

The Asian Development Bank is providing $300 million to help finance road improvements in Madhya Pradesh, one of the poorest states in India.

The loan will support the Madhya Pradesh State Roads Project III, which aims to upgrade more than 1,000 kilometers of highway in the poor western and eastern regions of the state. ADB is also providing a $1 million technical assistance grant to support public-private partnerships and road safety initiatives.

Read more development aid news.

About the author

  • Ivy mungcal 400x400

    Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.