AIIB and INDIA sign US$ 455 Million Loan to improve Rural Connectivity in State of Andhra Pradesh

• The Asian Infrastructure Investment Bank (AIIB) and the Government of India signed a USD 455 million loan  to finance the Andhra Pradesh Rural Roads Project.

• The objective of the Project is to improve road transport connectivity in previously unserved communities by providing all weather rural roads in all 13 Districts of the State of Andhra Pradesh.