ADB to give Rs 2100-cr loan to Tripura Govt for Urban & tourism development
Of this Rs 2,100 crore loan, Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector development
The Asian Development Bank (ADB) is likely to provide a Rs 2,100 crore loan to the Tripura government for the development of urban areas and tourism in the northeastern state that borders Bangladesh, officials said here on Tuesday.
According to Tripura s Urban Development and Tourism Department Secretary Gitte Kirankumar Dinkarrao, of the Rs 2,100 crore expected to be provided by the ADB as loan, Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector.
The Asian Development Bank (ADB) is likely to provide a Rs 2,100 crore loan to the Tripura government for the development of urban areas and tourism in the northeastern state that borders Bangladesh, officials said here on Tuesday. According to Tripura s Urban Development and Tourism Department Secretary Gitte Kirankumar Dinkarrao, of the Rs 2,100 crore expected to be provided by the ADB as loan, Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector. Under the loan arrangement, initially ADB would provide Rs 40 crore for engagement of project design and management consultants for urban and tourism sectors. Once the projects are prepared, ADB would provide Rs 1,600 crore for development works in urban areas and Rs 500 crore in tourism sector over the next three years, Dinkarrao told IANS.
Asian Development Bank To Provide Rs 2,100 Crore Loan To Tripura For Urban, Tourism Development
Logo of the Asian Development Bank
The Asian Development Bank (ADB) is likely to provide a Rs 2,100 crore loan to the Tripura government for the development of urban areas and tourism in the northeastern state that borders Bangladesh, officials said on Tuesday (22 December).
According to Tripura s Urban Development and Tourism Department Secretary Gitte Kirankumar Dinkarrao, of the Rs 2,100 crore expected to be provided by the ADB as loan, Rs 1600 crore will be for urban development and Rs 500 crore for the tourism sector. Under the loan arrangement, initially ADB would provide Rs 40 crore for engagement of project design and management consultants for urban and tourism sectors. Once the projects are prepared, ADB would provide Rs 1,600 crore for development works in urban areas and Rs 500 crore in tourism sector over the next three years, Dinkarrao told IANS.