Second Karnataka State Highway Improvement

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The objective of the Second Karnataka State Highway Improvement Project is to accelerate the development of the core road network through leveraging public sector outlays with private sector financing and improving the institutional effectiveness of the road sector agencies to deliver effective and safe roads to users. There are four components to the project. The first component of the project is road improvement works. This component will support capital improvement and maintenance works of selected priority core road network through a combination of traditional contracts and Public Private Partnership (PPP) concessions. The second component of the project is highway financing modernization. This component will assist Karnataka Road Development Corporation Limited (KRDCL) in implementing the concept of co-financing with private financial institutions through technical assistance and pilot transactions. The third component of the project is road safety improvement. This component will assist the Government of Karnataka (GOK) to respond to the growing road safety problems in Karnataka with comprehensive strategic and institutional measures, consistent with the main thrusts of the 2007 sundar committee report and the findings of the road safety management capacity review. The fourth component of the project is road sector policy and institutional development. This component will support implementation of a new medium-term Institutional Development and Strengthening Action Plan (IDSAP) for the period 2010-2016.