/India and Asian Development Bank sign $61 million loan agreement to boost urban services in Agartala


The government has signed the Agartala City Urban Development Project Agreement with AfDB Representative, Takeo Konishi, Country Director of AfDB Resident Mission in India, according to a statement from the Ministry of Finance.

After the signing of the loan agreement, Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs, Ministry of Finance, said the project is aligned with the vision of the Smart City Mission. He said it would improve urban infrastructure services and improve the livability of Agartala by providing better road connectivity, flood resistance measures and making tourist places more attractive.

“Through this project, the AfDB will catalyze synergies with the smart city components being implemented in Agartala through an underground utility corridor with changing power lines, incorporating elderly, women, children and people reduced mobility, improving road geometry as well as urban design interventions,” says Konishi.

He said the asset management and sustainability strategy, building the capacity of tourism operators and improving the livelihoods of street vendors and artisans will serve as a model for other tourism assets and attractions in Agartala and in other towns in the state of Tripura.

The project will construct and upgrade 48 kilometers (km) of new or existing stormwater drainage and construct 23 km of climate-resilient urban roads.

Other interventions include renovating open spaces and creating water recreation and lakeside walkways in the Maharaja Bir Bikram College lake and Ujjayanta Palace.

The development of the central and northern areas of Agartala as models of area-based development are expected to have a ripple effect on neighboring towns and villages, making urban areas more livable, citizen-friendly, resilient and sustainable, according to the communicated.

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