ADB and India inks USD 177 million loan for state road improvements in Maharashtra

India and ADB inks USD 4.21 million PRF facility for preparation of infrastructure development projects in Tripura

India and ADB inks USD 4.21 million PRF facility for preparation of infrastructure development projects in Tripura

  • The Government of India and the Asian Development Bank (ADB) have signed a US $4.21 million project readiness financing (PRF) facility on 18 December 2020.
  • This PRF facility will allow the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in Tripura, to help boost economic development.
  • This is first PRF facility by ADB for a state in the northeastern region of India.

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