ADB sanctions Rs 23.99 cr for road construction

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Srinagar, May 4 (UNI) The Asian Development Bank (ADB) has sanctioned Rs 23.99 crore for the construction of 24-km-long Srinagar-Newa road in south Kashmir district of Pulwama, official sources said.

The road would be completed in two years time, he said.

Source said Rs 1.40 crore have been sanctioned for the construction of Newa-Ugargund and Newa-Jehama roads which would be completed during this year.

Rs 5 lakh would be utilized for construction of link roads in Newa area, he added.

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