The World Bank, on 5 November 2012, signed an agreement with the Central and Assam Governments to provide funds for improving secondary road network in Assam.
The Bank will provide $320 million (approx Rs 1,760 crore) for the project which will support improvement of priority sections of secondary roads, implementation of Assam's 'Road Sector Modernization Programme' and development of a multi-sector road safety strategy.
As per the agreement, the project will be implemented over a period of six years. The objective of the World Bank project is to enhance road connectivity in Assam by assisting the Public Works Department to improve and effectively manage its road network.