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

  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
  • World Bank funding aiding Yemen highway project
    June 9, 2014
    The World Bank is providing a US$133.54 million grant to Yemen. The funds will help pay for construction of the first phase of a 710km long highway. This new road will connect Sa’ada in the north of the country to the port city of Aden. The highway looks likely to be constructed in three phases. The first phase will be for a 140km stretch from Aden to Taiz. The project will cost some $2 billion. Another tranche of financial backing for the project will come from the Saudi Development Fund.
  • Nepal's new transport drive
    March 19, 2012
    Nepal is establishing a new framework through which it will be able to boost the efficiency of its transportation plans and investments. The Nepalese Government is allocating around US$375 million to the Department of Roads (DoR) for constructing the country’s strategic road network.
  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom