ADB $80 Million assistance for urban reforms in Agartala & Aizwal

In a bid to improve the infrastructure of nation’s two north eastern capital cities, GOI has signed loan concord of $80million with Manila, Philippines headquartered Asian Development Bank (ADB) as a part of North Eastern Region Capital cities Development Investment Program.

• The accord was signed by Shri Raj Kumar, Joint Secretary (DEA) and Ms Teresa Kho, Country Director, ADB’s India Resident Mission.
• This newly succored loan is a third tranche of a $200 million financing facilityunder Eastern capital cities Development Investment Program.