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ADB finances road connectivity projects in Kashmir
Monday, January 01, 2007 01:07 [IST]

Jammu: The Asian Development Bank (ADB) is funding road connectivity projects in Jammu and Kashmir to boost the state's infrastructure under which five major roads in the Kashmir Valley are being taken up for construction and repairs. 

The state's Economic Reconstruction Agency (ERA) has taken up the five road projects.

"These projects are aimed at improving connectivity and augmenting the present transport sector," said Vijay Bakaya, chief executive officer, ERA.

The ADB funding is part of the bank aid for reconstruction of infrastructure damaged during the past 17 years of turmoil in the state and construction of new infrastructure.
 

"Under these projects five main roads will be covered including Jehangir Chowk, Karan Nagar, SKIMS Road, General Bus Stand Batmaloo, Tengpora Road, Thajiwara-khundru Shangus Road, Brakpora-Kanganhall Magreypora Road and Putkhasha-Pachar Road,"  he said.

The project involves an estimated cost of Rs.292 million.

 

"The road projects will be completed in the shortest possible time. They will help facilitate road communication and boost local trade and commerce," Bakaya said in a release Monday.

The projects have been approved and cleared by experts after proper environmental assessment and adequate social examination.

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IANS
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