Insights

img
CCI Business Bulletin 24/02/2017 – 03/03/2017
Saturday Mar 4, 2017

India, ADB sign USD 375 million loan pact for industrial corridor

India and the Asian Development Bank (ADB) have signed a USD 375 million agreement for loans and grants for first phase of 2,500–kilometer long East Coast Economic Corridor (ECEC). ADB has approved loans comprising a USD 500 million multi-tranche facility to build key infrastructure in the four main centers along the corridor — Visakhapatnam, Kakinada, Amaravati, and Yerpedu-Srikalahasti in Andhra Pradesh.

Click on the Download link below to access complete article.

Download Pdf