India: Assam SASEC Corridor Connectivity Improvement Project
The project will upgrade about 312.5 kilometers (km) of state highways and major district roads in Assam, including six road sections in the western, central, and southern regions. Reduced travel time and vehicle operating costs, and the operation of public transport services, will improve the mobility and accessibility of people in the less developed areas of Assam; and provide a vital link to markets, jobs, social services, and education and health facilities. Improved connectivity from the Assam hinterland to SASEC corridors is expected to spur growth in the entire state. The project will also strengthen the institutional capacity of the Public Works (Roads) Department in climate and disaster resilience, road asset management, and safeguards; and conduct road safety improvement works and a road safety awareness program.
PROJECT DETAILS | ||
Commitment Date Funding Type Country Sector Status Total Cost |
28 Dec 2022 Loan India Transport/Road Ongoing $500 million |
KEY OUTPUTS |
Improved state highways and major district roads Strengthened institutional capacity of Assam Public Works (Roads) Department in climate and disaster resilience, road asset management, and safeguards Enhanced road safety measures on state highways and major district roads in the project districts |
FINANCING |
$300 million (Asian Development Bank Ordinary Capital Resources) $200 million (Government of India) |