The Asian Development Bank (ADB) has approved a U.S. $100 million loan to enhance tourism and urban infrastructure in the northeastern Indian state of Tripura. The project aims to upgrade urban water supply systems, improve stormwater drainage, and enhance urban roads. Additionally, the project will upgrade tourist destinations, such as the Chaturdash Devata Temple, Kasaba Kalibari, and Neermahal Palace, to make them more visitor-friendly.
The project will be implemented by the Tripura Urban Development and Housing Corporation (TUDHC) and the Tripura Tourism Development Corporation (TTDC). The project is expected to be completed by 2027.
The project is expected to have the following outcomes:
- Improved access to safe drinking water for 1.2 million people
- Reduced flooding in urban areas
- Improved urban road connectivity
- Enhanced tourism infrastructure
- Increased tourism revenue
Significance of the Project
The project is significant for Tripura as it will help to improve the quality of life for residents and attract more tourists. The project is also in line with the Government of India’s vision for developing Tripura as a gateway to the northeastern region.
ADB’s Support for Tripura
The ADB has been a long-standing development partner of Tripura. The ADB has provided over $500 million in loans to the state since 1993. The ADB’s support for Tripura has focused on infrastructure development, education, and health.