The Government of India and Asian Development Bank (ADB) signed a $4.5 million project readiness financing (PRF) loan on October 26, 2021.

Key Points

• The loan agreement will support project preparation and design activities for improving urban mobility in capital city, Aizawl in the state of Mizoram.
• PRF supports the development of long-term solutions for improve urban mobility by identifying high-priority urban transport investments in Aizawl.
• It will help in ensuing project and enhancing its readiness by extending support to due diligence and preparatory activities.

Comprehensive Mobility Plan (CMP)

Under PRF, a Comprehensive Mobility Plan (CMP) will be developed for Aizawl. The plan outlines the urban transport development strategy. It also helps in building synergies with urban development planning initiatives. The plan further promotes climate & disaster resilience as well as gender inclusiveness in its interventions.