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ADB Commits $10 Billion for Urban Infrastructure Projects

Financial Express Lucknow

|

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.

- FE BUREAU

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.

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Trade pacts opening up new opportunities: PM

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