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| PREAMBLE: |
A Strategic Options Study (SOS)
was carried out through National Consultant in 1995 and
as a result of this 3238 Km of Government Roads (SH,
MDR & ODR) in 23 corridors were identified
for detailed technical and economic evaluation in an
effort to improve these corridors. |
The World Bank came forward to
render Technical loan Assistance in loan No.4114 IN for
project preparation in about 17 States such as Haryana,
Andhra Pradesh, Gujarat, Rajasthan, Orissa, West Bengal,
Maharashtra, Kerala, Madhya Pradesh, Karnataka, Uttar
Pradesh, Punjab and North Eastern States besides
Tamilnadu and Pondicherry. The loan agreement amounting
to US $ 51.50 Million was signed on January 15, 1997
between the World Bank and Government of India. Of this US
$ 5.3 Million has been earmarked for Tamilnadu as T.A.
loan. |
This comes under IBRD loan that carries
nominal interest with long term repayment schedule
suitable for developing countries. The Department of
Economic Affairs, Ministry of Finance, Government of
India is the nodal agency to receive and carry forward
the loan to executing agencies in various States. |
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VISION STATEMENT TO SERVE OUR CUSTOMERS, THE ROAD USERS OF TAMIL NADU BY PROVIDING HIGH QUALITY, COST EFFECTIVE, ENVIRONMENTALLY FRIENDLY ROAD NETWORK THAT IS RELIABLE AND SAFE, CONTRIBUTING TO SUSTAINABLE ECONOMIC DEVELOPMENT AND SOCIAL WELL BEING OF THE STATE, BY APPLYING INNOVATION, BEST PRACTICES, APPROPRIATE TECHNOLOGY AND RESPONSIBLE MANAGEMENT OF INTERNAL AND EXTERNAL RESOURCES.
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