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Massive investment for road projects in AP

By A Business Correspondent

About 20,000 km of roads, including rural roads, in Andhra Pradesh will be widened, repaired and tarred at a cost of Rs 2,700 crore in the next three years. While the World Bank will provide Rs 1,200 crore, Nabard will give Rs 1,000 crore and the remaining Rs 500 crore will be from the Central Market Fund.


T. Nageswara Rao, Minister for Roads and Buildings, AP

T. Nageswara Rao, Minister for Roads and Buildings, said over the last four years 5,173 km of important roads were improved with World Bank assistance at a cost of Rs 2,459 crore. In the next five years, the government plans to improve the primary core network of roads, he said.

During 2001-02, the state had allocated Rs 1,487 crore for improvement of the roads. The amount has been increased to Rs 1,553 crore for 2000-03. On a pilot basis, the government had entrusted maintenance of roads to private parties in Nalgonda, Kurnool, Chittoor and Guntur and the experiment had been successful. "The roads are maintained well and there are fewer complaints. We are planning to hand over maintenance of roads to private parties," he said.


For more details please refer to Projectmonitor Prinit Version.

(1/6/02)



 

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