Asia Connect
AIIB injects US$455 million to improve India’s rural roads
Huge economic and social benefits should accrue from a major upgrade to India's rural roads, with the Asian Infrastructure Investment Bank providing a multi-million dollar loan
Michael Marray
5 Mar 2019
The Asian Infrastructure Investment Bank ( AIIB ) and the Government of India ( GoI ) have signed a US$455 million loan to finance a rural roads project in India's southern state of Andhra Pradesh, according to a statement from the Indian Ministry of Finance.
