"The mandate is for completing the project within the next two years," a senior official said. "The primary idea behind the Bangladesh-Bhutan-India-Nepal (BBIN) road initiative is to improve ground connectivity in the region," said Leena Nandan, Joint Secretary, Ministry of Road Transport and Highways. "We have taken up five highway stretches in the country, which are very important for such a connectivity to succeed. The Manila-based bank has agreed to fund up to 50 per cent of this project as well, officials said. "There are chances that the bank may even fund up to 72 per cent of the total cost for the project.

Source: Economic Times September 18, 2016 10:41 UTC