Road Projects Current Affairs
Multilateral lending agency Asian Development Bank (ADB) has signed a loan agreement with India for providing new loan of 200 million dollars to upgrade 176 km of roads in Jharkhand.
The loan funds will be used to upgrade existing sections of four State roads to two lane standard. It will also support improvements in the design, maintenance and safety of the road network.
The new assistance will increase the institutional capacity of the State Highways Authority of Jharkhand (SHAJ) which is an autonomous road development agency of state.
Besides, the project will also help the State develop an international standard road safety master plan for promoting road safety in Jharkhand. It will enhance the State’s ability to systematically identify, analyze, develop and prioritize critical road safety measures, which will benefit all road users.
The Union Cabinet has approved the construction of 69 Bridges including Approach Roads on the Tamu-Kyigone-Kalewa (TKK) road section of the Trilateral Highway in Myanmar.
Decision in this regard was taken by Union Cabinet meeting chaired by Prime Minister Narendra Modi in New Delhi. These bridges will be constructed at a cost of Rs.371.58 crore and shall impart all weather usability to the TKK road section.
- TKK road section seeks to improve connectivity between India and Myanmar and facilitate movement of goods and traffic.
- The project will be implemented in Engineering Procuring and Construction (EPC) mode through Project Management Consultant (PMC).
- It will be closely monitored by the Indian Embassy in Yangon, PMC and the Union Ministry of External Affairs (MEA).
- The project is envisaged to be completed by mid-2019 and is also part of the route for the proposed Imphal-Mandalay bus service.
Union Government had agreed to undertake construction of 71 bridges on the TKK road section of the Trilateral Highway at the request of Government of Myanmar during the visit of then Prime Minister Manmohan Singh to Myanmar in May 2012.
Myanmar Government had started work on constructing two bridges on its own as these bridges needed urgent attention. The balance of constructing remaining 69 bridges will be undertaken by Indian Government.