India’s Kerala government has signed loan and project agreements with the World Bank to receive $216 million for the Second Kerala State Transport Project.
The loan deal was signed by Shri Nilaya Mitash, joint secretary of the Department of Economic Affairs of India’s Ministry of Finance on behalf of the Indian government, and Onno Ruhl, country director of World Bank India on behalf on behalf of the World Bank. The project agreement was signed by Shri T.O. Sooraj, secretary of the Public Works Department on behalf of Kerala’s government.
The objective of the project is to improve road conditions, traffic flow and road safety, with a focus on vulnerable road users on selected roads in Kerala. Specifically, the project will upgrade 363 kilometers (about 226 miles) of state highways, support road safety management systems and improve the sustainability of Kerala’s state road network, the government said. These improvements are expected to be implemented over a period of six years.