Description

Tranche 2 will finance upgrading of a part of Asian Highway (AH)-1 connecting to Myanmar from Manipur state and construction of an international bridge between India and Nepal as the last mile connectivity improvement along AH-2. It will also finance a part of the project cost of the state highway in Manipur being constructed as a subproject under tranche 1. The tranche 2 subprojects will further reduce transaction costs along the targeted cross-border corridors, ushering in economies of scale and commercial prosperity.