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ADB Commits $10 Billion for Urban Projects
Financial Express Kolkata
|June 02, 2025
ASIAN DEVELOPMENT BANK (ADB) president Masato Kanda has announced a five-year initiative to transform urban infrastructure across India, with an estimated investment of $10 billion.
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This funding support includes third-party capital into urban transformation like metro extensions, new regional rapid transit system (RRTS) corridors, and urban infrastructure and services.
"Cities are engines of growth," Kanda said after meeting Prime Minister Narendra Modi.
This story is from the June 02, 2025 edition of Financial Express Kolkata.
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