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AP has major projects funded by multilateral banks: Minister Goutham Reddy


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The Andhra Pradesh (AP) government has recently concluded an agreement with the New Development Bank (NDB) for two road projects worth $646 million.
It is in the process of implementing the World Bank (WB)-funded Rejuvenating Watersheds for Agriculture Resilience through Innovative Development (REWARD) project in five districts in the parched Rayalaseema region and the tribal belt of Visakhapatnam district over the next six years.
The Visakhapatnam-Chennai Industrial Corridor Development Project comprised a grant and a policy-based loan amounting to $630 million and the government is working with the WB for improving the quality and responsiveness of the public health services in the State, said Industries and Commerce Minister Mekapati Goutham Reddy. ....

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