SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Govt approves road connectivity project worth $1.04 billion

19 Sep 2016 Evaluate

The government has given the approval for an ambitious $1.04 billion highway connectivity project which will help in constructing and developing almost 558 km of roads connecting with its neighboring countries like Bangladesh, Bhutan and Nepal. The main idea behind the Bangladesh-Bhutan-India-Nepal (BBIN) road initiative is to improve ground connectivity in the region.

The highway project is part of the government's bigger plan to raise regional trade by 60 percent and ease the movement of passengers and cargo, by improving connectivity. The project will be funded by the Manila-based Asian Development Bank (ADB) and would be scheduled for completion within the next two years. It will cover the Indian states of West Bengal and Manipur.

The project will take up five highway stretches including an upgrade of the 122-km Siliguri-Mirik-Darjeeling ($15 million) and the widening of the 60-km National Highway-35 (Kolkata-Bangaon) on the border with Bangladesh ($130 million). It also includes a new 123-km road to connect with Diamond harbour, on the outskirts of Kolkata, at a cost of $250 million. This project originating from West Bengal will be handled by the state's Public Works Department for executing the project. Apart from this, two highways are scheduled to come up in Manipur, one for $138 kilometres for $280 million and another for 115 kilometres costing $230 million and will be handled by the National Highway Infrastructure Development Corp.

The agreement between sub-grouping of four South Asian nations including Bangladesh, Bhutan, India and Nepal will pave the way for seamless movement of people and goods across their borders for the benefit and integration of the region and its economic development.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: