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    <title>India and ADB Sign US$300 Million to Improve Key Road Connectivity in Chhattisgarh</title>
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    <description>A loan agreement provides US$300 million from ADB with a 20 year principal repayment period and LIBOR based interest, complemented by Government of Chhattisgarh counterpart finance to meet the estimated total project cost. The project upgrades over 900 kilometres of state roads and strengthens culverts and bridges on key corridors, and includes technical assistance and capacity building-including a road asset management system and contract and project management training-to improve road maintenance planning and connectivity outcomes.</description>
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