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LOANS & CREDITS March 29, 2019

India: Uttar Pradesh Core Road Network Development Project

WASHINGTON, March 29, 2019 – The World Bank Board of Executive Directors today approved financing for the following project:

India – Uttar Pradesh Core Road Network Development Project

IBRD Loan: $400 million

Terms: Maturity = 24 years  Grace period = 6 years

Project ID: P147864

Project Description: The project aims to build capacity for results-focused road safety management in the state of Uttar Pradesh and to improve traffic flows and safety for all road users on selected corridors of the state’s core road network.


New Delhi
Sudip Mozumder
Principal Communications Officer
Elena Karaban
Senior Communications Officer