ADB loan of $300 Million to boost regional trade and roads in India

06 Dec 2022 CW Team

More than 300 kilometres of state highways and significant district roads in Assam, including six road segments in the state's western, central, and southern regions, will be upgraded thanks to a $300 million loan approved today by the Asian Development Bank (ADB).

The project will add new climate- and disaster-resistant structures and double the number of lanes on state highways and significant district roads. Infrastructure for pedestrians and public transportation will be built, highways in flood-prone areas will be elevated, and landslide control measures will be added in hilly and mountainous regions.

This project would upgrade the highways that connect the SASEC corridors and the borders with Bhutan and Bangladesh, which is projected to increase cross-border trade and transportation.

The project will support the Jogighopa multimodal logistics park that is being constructed as well as a future one in Silchar that will serve inland waterways, inland railroads, and airports.

Also read:
Ashoka Buildcon bags NHAI corridor project in Kerala
Jammu chief secretary holds meeting on road projects

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..