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

  • Further road development works for China
    June 15, 2023
    Further road development works are being planned for China.
    Read More
  • Nepal link benefits from Japanese funding
    February 29, 2012
    Road improvements on the key Tinkune-Jadibuti road in Nepal are now complete, with an official opening of the route having taken place.
    Read More
  • Foreign financing to fund Nepalese tunnel
    May 22, 2014
    Foreign financing will help fund Nepal’s Kathmandu-Kulekhani-Hetaudi Tunnel Highway project. The 58km highway is expected to cost some US$375 million in all and Nepal Purbadhar Bikash Company (NPBCL) plans to raise some $273.5 million of this from foreign investors. This move comes after it NPBCL to secure funding from local investors for the project. Part of this new plan will include NPBCL lowering equity contribution from the general public and promoters to 20% from the previous 50%. NPBCL seeks to have
    Read More
  • Cambodia road reconstruction projects, financing secured
    March 28, 2018
    Financing has been secured for key road reconstruction projects in Cambodia. Work is being carried out on six road projects in the country that measure a total of 600km, as well as a bridge, with this all costing some US$490 million. A loan of $94 million will help pay for the rebuilding of Cambodia’s National Road No 11 as well as a stretch of bypass. In all 96.5km of road will be rebuilt for this project, with the work intended to improve transport connections between Thbong Khmum Province and Prey Veng P
    Read More

Highlighted Content