962.50 million INR sanctioned for coastal highway project
ROADS & HIGHWAYS

962.50 million INR sanctioned for coastal highway project

In the Kozhikode district, the Kerala Infrastructure Investment Fund Board (KIIFB) has approved the development of two significant sections of the coastal highway. The development of the project's BC Road-Kothi Beach stretch received the most funding, at 862.50 million rupees. P.A. Mohammed Riyas, Minister of Public Works and Tourism, stated that the money would be used to acquire the necessary amount of coastal land. He stated that the Kadalundi-Kadavu-Madathil Paadam development would be funded with 101 million rupees.

According to officials from the Public Works Department, the two stretches funded by the KIIFB were in the Beypore Assembly constituency. They stated that land would be acquired in such a way as to construct the 15.6-meter-wide road.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In the Kozhikode district, the Kerala Infrastructure Investment Fund Board (KIIFB) has approved the development of two significant sections of the coastal highway. The development of the project's BC Road-Kothi Beach stretch received the most funding, at 862.50 million rupees. P.A. Mohammed Riyas, Minister of Public Works and Tourism, stated that the money would be used to acquire the necessary amount of coastal land. He stated that the Kadalundi-Kadavu-Madathil Paadam development would be funded with 101 million rupees. According to officials from the Public Works Department, the two stretches funded by the KIIFB were in the Beypore Assembly constituency. They stated that land would be acquired in such a way as to construct the 15.6-meter-wide road.

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement