The Asian Development Bank has announced and approved USD 346 million to Karnataka to build their upgradation project of highways to the state government.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjbvOCE1Ip-QGneG6h6tJoncj68z64aRgSMZxptXl0xeLf0BqHNdOwaJiAQgo4vKVNqC12qlpcaT2m3NiDplChsn0KxJWnOJ8Nganh3mvNzaHEnNP2IRK2fNt1XOpInq3fojB8wD-rZC8xn/s320-rw/Highways.jpg)
Some important facts about the funding and development-
- Covered total of 419 Km long highway by 2 and 4 lane project.
- The road upgradation also include planned pedestrian, woman-friendly amenities, crossing board and hoardings and proper signage.
- A road safety survey also conducted to an identification of accident-prone zones and taking corrective measure and action about it.
- The total project cost nearly about USD 655 million out of which 202 by state government investment and the remaining by private investment.
Some important facts about ADB:-
- Constitute in 1966
- Headquarters in Manila, Philippines.
- Current president-Takehiko Nakao.