India’s highway projects benefiting from World Bank funding

A loan worth US$500 million from the World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan
July 4, 2014 Read time: 1 min
A loan worth US$500 million from the 2332 World Bank's International Bank for Reconstruction and Development (IBRD) will help improve road connections in India. The funding will be directed towards India's National Highways Inter-connectivity Improvement Project (NHIIP), a programme of works aimed at improving routes in some rural or remote areas of the country. The NHIIP Plan involves upgrading around 1,120km of National Highways in some of the country’s the low-income states such as Bihar, Orissa and Rajasthan. The NHIIP programme also takes in work to underdeveloped areas of some middle-income states such as West Bengal and Karnataka.
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A major programme of road development is planned for the Indian states of Bihar, Karnataka, Rajasthan, Odisha and West Bengal. In all some 1,120km of the country’s National Highways will be constructed in these states. This plan for road development forms part of the National Highways Interconnectivity Improvement Project. So far some 429km of these new roads have been completed, with all of the work expected to be finished by mid-2024. The work was initially expected to cost US$773 million but unforeseen e
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