Andhra Pradesh Road Sector Project (NDB-andhrapradeshroadsect)

Countries
  • India
Where the impacts of the investment may be experienced.
Financial Institutions
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 12, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of India
The holder of the loan, grant, or other investment.
Sectors
  • Transport
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 646.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 924.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Mar 6, 2020


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Project Description

According to the bank website, "The Andhra Pradesh Road Sector Projects are proposed to address the connectivity challenges faced by the state of Andhra Pradesh through upgrading state highways and district roads of heavy traffic, and reconstructing bridges that are obsolete. The components of the Andhra Pradesh Roads and Bridges Reconstruction Project include: i) widening approximately 1,600 km of state highways from single/intermediate lane to double lane; and ii) constructing 269 bridges in the state highways network. The components of the Andhra Pradesh Mandal Connectivity and Rural Connectivity Improvement Project include: i) widening approximately 1,400 km of district roads from single/intermediate lane to double lane; and ii) constructing 206 bridges in the district roads network. The two Projects will be implemented over a period of five years from 2020 to 2024."

Investment Description
  • New Development Bank (NDB)

Co-financing:

Government of Andhra Pradesh US$ 278 million

Contact Information

No contact information provided at the time of disclosure.