AIIB Explores Funding for Andhra Metro Projects Phase-I

June 19, 2025

Metro Rail Sector News | Project News | Project Update | Project Opportunities

Asian Infrastructure Investment Bank (AIIB) is considering funding Phase-I of the Visakhapatnam and Vijayawada metro rail projects, with a combined cost of ?12,000 crore?6,100 crore for Visakhapatnam and ?5,900 crore for Vijayawada. AIIB representatives met Andhra Pradesh Metro Rail Corporation officials and inspected key corridors in Vijayawada. AIIBs proposed 35-year loan tenure with a 10-year moratorium is under review. APMRCL is also in talks with multiple global lenders to secure favourable financing terms.

Note: The above-mentioned news was first published by us in our ProjectX India | 15th June 2025 edition.. Do you want to buy this issue or our latest issue? If yes! click here

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