World Bank commits USD 105 Million to West Bengal

The Centre, West Bengal government and the World Bank signed an agreement for this project.

The World Bank has committed a USD 105 million loan for a project to improve the inland water transport infrastructure in West Bengal. The Centre, West Bengal government and the World Bank signed an agreement to this.
 
The West Bengal Inland Water Transport, Logistics and Spatial Development Project will facilitate passenger and freight movement across the Hooghly River; undertake spatial planning to improve accessibility in the Kolkata Metropolitan Area (KMA).
 
Besides, the project will enhance the quality of life of its residents and contribute to the growth of the state’s logistics sector, the ministry said in a statement. The project will cover the five most populous districts of southern West Bengal, including its urban agglomeration, KMA, where around 30 million people or one-third of West Bengal’s population lives.

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