The Central government has approved a loan of Rs 2000 crore for the second phase of Meghalaya Integrated Transport Project (MITP) through the World Bank.
MITP has the objective of improving transport connectivity and efficiency and enhancing transport sector management in Meghalaya. This will help Meghalaya to harness its vast growth potential for high-value agriculture and tourism.
Chief Minister Conrad Sangma took to X to thank the Central government stating, “Grateful to Hon’ble Finance Minister Smt. @nsitharamanji for sanctioning Rs. 2000 cr for taking up the MiTP (phase 2) project with the World Bank. We will now take up all important roads and continue the good work of the MITP Phase 1.”
Under the first phase of MITP, Meghalaya received $120 million to improve and modernise road connectivity in the State.
