The Asian Infrastructure Investment Bank (AIIB) will provide a loan of $455 million to finance the Andhra Pradesh Rural Roads Project, which will be benefitting around two million people. An agreement in this regard was signed between the AIIB and the government as per reports. The objective of the project is to improve road transport connectivity in previously unserved communities by providing all-weather rural roads in all 13 districts of Andhra Pradesh. Under the project, there are plans to construct rural roads to provide first connectivity, construct cross drainage works and bridges to complete missing links and structures. It is the third project being signed by the AIIB in the state, the other two are in power and water sectors.