World Bank, GoI ink pact for $500 million project to develop green, safe highway corridors
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The Green National Highways Corridors project will support the Ministry of Road Transport and Highways (MoRTH) in constructing 783 km of highways by integrating technology designs such as local and marginal materials, industrial byproducts, and other bioengineering solutions, said a finance ministry statement.
The government inked a $500 million loan pact with the World Bank (WB) to develop safe and green national highway corridors in the states of Rajasthan, Andhra Pradesh, Himachal Pradesh and Uttar Pradesh, on Tuesday.
The Green National Highways Corridors project will support the Ministry of Road Transport and Highways (MoRTH) in constructing 783 km of highways by integrating technology designs such as local and marginal materials, industrial byproducts, and other bioengineering solutions, said a finance ministry statement.