How much loan amount has been approved by Asian Development Bank (ADB) to build India’s first coastal industrial corridor?
[D]$497 million [toggles][toggle title=”Answer”]
The Asian Development Bank (ADB) has approved $631 million loan to build India’s first coastal industrial corridor between Visakhapatnam and Chennai. The fund will help develop the first key 800-km section of the planned 2,500-km long East Coast Economic Corridor and provide impetus to development on India’s eastern coast. It will also facilitate seamless trade links with other parts of South and Southeast Asia.