India to get $123.51 mn ADB loan for tourism development

New Delhi, Sep 28 (IANS) The Indian government on Monday signed an agreement for a $123.51 million loan from the Asian Development Bank (ADB) for tranche three of the Infrastructure Development Investment Programme for Tourism to upgrade tourism infrastructure and services in Punjab, Uttarakhand and Himachal Pradesh. It will also be used to improve basic tourism facilities, and to build the capacity of sector agencies and local communities in the three states. The third tranche loan is part of the $250 million multi-tranche financing facility that ADB approved in 2010.

from https://in.news.yahoo.com/india-123-51-mn-adb-loan-tourism-development-171403575.html

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