PROJECT READINESS FINANCING (PRF) FACILITY

The Government of India and the Asian Development Bank (ADB) on December 18, 2020 signed a 4.21 million dollar project readiness financing (PRF) facility for the preparation of infrastructure development projects to improve urban amenities and develop tourism infrastructure in Tripura.

  • This is ADB’s first PRF facility for a state in the northeastern region of India.
  • The facility will support Tripura Government’s priorities of improving urban services and tourism infrastructure that will help boost economic development.

(PIB)

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