$120 mn loan inked between Centre, World Bank, Megalaya for state’s road transport
The Centre, the Government of Meghalaya and the World Bank have signed up for a $120 mn project to improve and modernise the transport sector in Meghalaya. This will help the north-eastern state to harness its growth potential for high-value agriculture and tourism. The project will improve about 300-km of strategic road segments and stand-alone bridges by using innovative, climate resilient, and nature-based solutions. It will also support innovative solutions such as precast bridges to reduce both time and the cost of construction. Difficult hilly terrain and extreme climatic conditions make Meghalaya’s transport challenges particularly complex, due to which about half of the 5,362 habitations in the state currently lack transport connectivity.