You are right my friend. Here you go
India, ADB sign $500 million loan pact to build 9.8-km Ganga bridge in Bihar
$500 Million ADB Loan To Help India Build Its Longest River Bridge
I can not post the link directly because of my post count but you can google the above title.
Comparing apple with orange...
Something that is exception in India is rule in Pakistan, and that is my worry. India takes loan not because it cant provide fund itself, but cost benefit analysis makes more sense to take loan for such projects and divert the budget for more return inducing projects. Even the loan that India has taken is from ADB, and the contract is given to an Indian company who would construct the bridge, and upon completion credit will go to Indian govt...
Take another example, Apple Inc, a cash giant company has debt, why so? Because it makes economic sense to have a balance between equity and loan....but in case of Pakistan that has reserve not even 1/10th of Apple, going for loan to build roads, bridges, is not because they are being economically smart but because they have no choice but to outsource their infrastructure to a powerful country, agreeing to all terms and conditions of that powerful country, which needless to say involves all contract being handed in platter to the companies from the powerful country
That's why I said China is smart, building simplest infra for Pakistan, giving all contract to Chinese companies, getting huge interest over it, and getting a god like status with the investment starved nation, that anyone who dares question their intention becomes a traitor