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The Board of Executive Directors of the World Bank on October 23 approved a $120-million project to improve and modernise the transport sector in Meghalaya.
The project will help the state harness its vast growth potential for high-value agriculture and tourism.
The Meghalaya Integrated Transport Project (MITP) will improve about 300 km of strategic road segments and stand-alone bridges by using innovative, climate-resilient, and nature-based solutions.
The million-dollar project will benefit major agricultural areas, important tourist destinations, small-scale industries, towns and underserved populations by linking them to markets, health and education centres, including national and international corridors.
“It will also position Meghalaya as a major connecting hub for international trade through Bangladesh, Bhutan, and Nepal,” World Bank Country Director in India, Junaid Ahma said.