China based Asian Infrastructure Investment Bank (AIIB) announced its approval to a $329 million loan to build access roads across 4,000 villages in Gujarat.
The funds have been approved to construct road linkages for last-mile connectivity to schools and tribal areas in 33 districts of the state.
The funds have been approved to construct road linkages for last-mile connectivity to schools and tribal areas in 33 districts of the state.
Important Takeaways from the above News:
- Jin Liqun is present president of the Asian Infrastructure Investment Bank (AIIB).
- Beijing, China is headquarters of AIIB.
Source- The Times of India