Project News Detail

Project No :176303
Project Title :Road Development Project In Uttar Pradesh
Company Name : World Bank
Project Detail :The World Bank may fund the $570 million Core Road Development Project with a road safety component, in Uttar Pradesh

Negotiations for the project began in 2013, but could not reach a logical conclusion. Now, the Yogi Adityanath government had taken up the project afresh with the World Bank, sources in the government said

A World Bank team held meetings with the officials of PWD, Home and transport departments to discuss various projects that the international institution may fund. Things are expected to take a final shape during a wrap-up meeting to be presided over by the chief secretary here on May 17

People familiar with the matter said as per the proposal, the World Bank would provide $ 400 million as a soft loan to the state government that would contribute the remaining $170 million

Project Location : Not Classified - Uttar Pradesh - India
Project Industry :Roads
Project Estimation :Refer Document
Status :Announced