NDB demonstrates interest to fund development in Andhra Pradesh Capital Amaravati

The New Development Bank (NDB) demonstrated interest in funding infrastructure development projects in India’s  Andhra Pradesh Capital Amaravati.

“New Development Bank vice-president and cooperation officer Xian Zhu, executive assistant to vice-president Ningqian Zhang, and project financing officers Jianshiyao, Garvit Sah and Ninad Rajpurkar on Wednesday met Andhra Pradesh chief minister N Chandrababu Naidu and evinced interest to fund construction of Amaravati besides a few R&B projects,” reports Financial Express.

India’s road and building department proposed two projects to the New Development Bank – AP Mandal connectivity and  rural connectivity and AP Mandal construction projects [roads and bridges].

 

Source: Financial Express

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