Asian Development Bank (ADB) has agreed to finance the Patna Metro Rail Project involving an ₹13,365.77 crore investment. The bank will also help in the future expansion of metro corridors and alignments. The state government has already signed the memorandum of understanding with JICA and expects to start getting funds shortly. Now the ADB is also ready to extend support for the further expansion in metro lines, stations and alignments and allied works. According to sources at the urban development and housing department (UDHD), ADB is already working with the state government on different urban development projects as about 80% of the land required for the project has been acquired as most land belonged to the state government while a large chunk land for construction of ISBT Patna Metro Rail Depot will be acquired soon. The state government has already sanctioned ₹1,000 for land acquisition and Patna Municipal Corporation has also transferred the land at Mithapur, near Sachivalaya and Akashvani at Fraser Road and Patna Junction while another piece of land near Patna Science College will also be given soon.
