Uttar Pradesh invests USD300 million to upgrade about 430 kilometers of major district roads
Wednesday, 28/06/2017 16:24 (GMT+7)
(CPV) - ADB President Takehiko Nakao, who commenced his 3-day visit to India on June 27th 2017, met with Uttar Pradesh Chief Minister Yogi Adityanath in the state capital, Lucknow, and discussed future cooperation between ADB and the state. Uttar Pradesh is India’s most populous state with 200 million people and the largest rural population.
Mr. Nakao said ADB is ready to forge a long-term partnership with the state, which aims to achieve faster and inclusive growth by boosting per capita income, currently running at nearly half of the national average. Possible areas of ADB assistance include building smart cities, intelligent urban transport management, state and district roads, rapid rail transport, and electricity distribution.
During Mr. Nakao’s visit, a USD300 million loan for the Uttar Pradesh Major District Roads Improvement Project was signed. This will upgrade about 430 kilometers of major district roads in the state.
“The project is a milestone for ADB to begin our partnership with the state of Uttar Pradesh, and will provide critical road connectivity to the heartland of the state by upgrading major district roads to all-weather use and improved safety standards,” said Mr. Nakao. The project supports the state government’s Core Road Network Improvement Master Plan, which plans to improve roads through a combination of state, private, and multilateral resources./.
Khac Kien
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