World Bank inks $500 million pact with Government of India for green, safe highway corridors project

The Government of India has inked $500 million loan pact with the World Bank (WB) on 22 December 2020, to develop safe and green national highway corridors in the states of Rajasthan, Andhra Pradesh, Himachal Pradesh and Uttar Pradesh
Under this Green National Highways Corridors project, the Ministry of Road Transport and Highways (MoRTH) will be constructing 783 km of highways.
World Bank will provide support by integrating technology designs such as local and marginal materials, industrial byproducts, and other bioengineering solutions
Apart from this, disaster risk assessment of about 5,000 km of the national highway network will also be undertaken under the project, to ensure that the infrastructure investments are climate resilient.