Chinese funding will help develop Nepal’s road network

A grant worth US$18.33 million from the Chinese Government has helped fund work in neighbouring Nepal. The funding has been used to develop the road connection stretching from Syprubesi to Rasuwaghdi in Nepal. The 5.5m wide road is a single track connection measuring 16km long and features a tarmac surface. The Syprubesi-Rasuwaghadi road was opened officially on December 27th 2012 and the construction work took 30 months to complete. The road now makes it possible to reach Kerung in China, some 20 km far fr
January 7, 2013 Read time: 1 min
A grant worth US$18.33 million from the 2719 Chinese Government has helped fund work in neighbouring Nepal. The funding has been used to develop the road connection stretching from Syprubesi to Rasuwaghdi in Nepal. The 5.5m wide road is a single track connection measuring 16km long and features a tarmac surface. The Syprubesi-Rasuwaghadi road was opened officially on December 27th 2012 and the construction work took 30 months to complete. The road now makes it possible to reach Kerung in China, some 20 km far from the Rasuwaghadi.

For more information on companies in this article

Related Content

  • Work starting on new road tunnel in Nepal
    December 11, 2013
    Work is starting on a new road tunnel in Nepal. The tunnel will form part of a 58km highway route that will improve connectivity in the country from capital Kathmandu to Kulekhani and Hetauda. The Kathmandu - Kulekhani - Hetauda Tunnel (KKHT) HighwayTunnel (KKHT) Highway is a major project for Nepal and is being carried out under the PPP model. The 4.5km tunnel will feature four traffic lanes, and is being developed by the Nepal Purwardhar Bikash Company. In all, the 58km route will feature three tunnel sec
    Read More
  • Spanish highway project to get EIB A-rated bond issue?
    April 20, 2012
    The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
    Read More
  • Fast-track Biloxi Bay bridge
    July 18, 2012
    Construction of a bridge destroyed in a hurricane was completed early, and with some added aesthetic benefits Hurricane Katrina, one of the deadliest and costliest natural disasters in US history, made landfall on 29 August, 2005, devastating the Gulf Coast. The US 90 Bridge over Biloxi Bay (connecting the communities of Biloxi and Ocean Springs, Mississippi) was one of many major highway and railroad bridges knocked out of service due to extensive storm damage. The eye of the storm passed 96km west of Bilo
    Read More
  • Zoomlion develops key strategy for expansion
    June 10, 2015
    The implementation of a new strategy looks set to lead to strong development among infrastructure-related industries in export markets for Chinese firms. And as an industry leader in the production of construction machinery, Zoomlion has long been preparing to compete against the major international companies At the bauma China 2014 event in Shanghai, Zoomlion gave an insight into its international ambitions according to the firm. At the show, the senior director in charge of Zoomlion overseas business,
    Read More

Highlighted Content