Skip to main content

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

  • Serbia road project, funding secured
    February 19, 2019
    Construction of the 77km-long Merdare-Nis highway in Serbia is to benefit from external financing. A funding package worth €100 million is being supplied by the European Investment Bank (EIB) for the project. The funding will pay for work on a stretch of the route between Plocnik and Nis in southern Serbia. The highway will improve transport connections with neighbouring Kosovo when it is complete. This project forms part of a series of road building operations in the region, with extensive work having been
  • Serbia upgrading infrastructure
    May 2, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci. So far some 180km of the Corridor 10 highway has been built over a 40 month time frame. A further 150km of the highway has still to be built. Work on the Corridor 10 motorway is also being financed by the European Bank for Reconstruction and Development and the state budget. Wh
  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
  • Chinese funding will help pay for Macedonia road project
    October 4, 2013
    In Macedonia a new 50km section of highway will be constructed, with €574 million of financing coming from China's Export-Import Bank. The Exim Bank credit line to Macedonia will be used to build a the highway connecting Skopje and Stip. The new route will also link Stip with pan-European transport corridor 10. The loan will carry an interest rate of 2% and will have a 20 year term with a five year grace period. Macedonia is close to completing work on the corridor 10 road project, which is worth €300 milli