China Gets 600,000 dlr ADB Grant for Road Construction

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Last updated at: (Beijing Time) Wednesday, January 08, 2003

China Gets 600,000 dlr ADB Grant for Road Construction

The Manila-based Asian Development Bank (ADB) said Wednesday that it has approved a grant of 600,000 US dollars to China for an integrated road project in its central province of Hunan.

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The Manila-based Asian Development Bank (ADB) said Wednesday that it has approved a grant of 600,000 US dollars to China for an integrated road project in its central province of Hunan.

The grant will partially cover the preparation of a plan for a 230-km expressway and local roads near the expressway, the bank said in statement.

The grant will also finance a social and poverty analysis to assess the impact of the road project on local residents and identify social mitigation measures, the bank said.

Expansion of road networks is a critical part for the infrastructure construction in China, a country with a wide-spreading territory and varying levels of development.

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