Skip to main content

World Bank funding for Nepalese Bridge

Nepal’s Ministry for Physical Infrastructure and Transport has inaugurated a programme for bridge upgrades and maintenance across the country. This is being funded by the World Bank while the programme will also benefit from new bridge management software developed by the department of roads. This software will be able to locate the type of bridge, location, date of completion, span, crossing, load capacity, condition and load restriction. The World Bank has provided a grant assistance of US$147.6 million f
July 2, 2013 Read time: 2 mins
Nepal’s Ministry for Physical Infrastructure and Transport has inaugurated a programme for bridge upgrades and maintenance across the country. This is being funded by the 2332 World Bank while the programme will also benefit from new bridge management software developed by the department of roads. This software will be able to locate the type of bridge, location, date of completion, span, crossing, load capacity, condition and load restriction. The World Bank has provided a grant assistance of US$147.6 million for this programme of bridge upgrades and maintenance work. The work will help improve Nepal’s connectivity and the programme will include the 95 bridges under construction, 26 new structures and 98 bridges requiring major maintenance. The programme will also cover 230 bridges requiring minor maintenance work and a further 95 needing light maintenance. Some 40% of the total allocated budget will be spent for the maintenance work and 55% for new construction while 5% will be for administrative maintenance. “Connecting people with the road network can only develop a nation’s economy growth and prosperity,” said Karla Gonzalez Carvajal, Sector Manager, Transport, South Asia Region, of the World Bank.

For more information on companies in this article

Related Content

  • Sourcing road financing for East Africa’s network expansion
    December 4, 2015
    East Africa’s ambitious road expansion programme is seeing the network expand significantly – Shem Oirere writes The East Africa countries of Kenya, Tanzania, Uganda and Rwanda have announced ambitious road sector expansion plans in the 2015/16 financial year. This is despite their national budgets being weighed down by huge deficits and persisting lack of capacity to spend resources allocated to the sector in previous years. With the huge budget deficits, the countries will have to look for alternati
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
  • Nepal road funding from World Bank
    January 3, 2017
    Road projects in Nepal will benefit from a further US$55 million of funding from the World Bank. The funding will be used for Nepal’s Road Sector Development Project (RSDP). The RSDP calls for a series of works right across the country, including the construction of 33 bridges, maintenance to 355 bridges and 700km of existing roads and a detailed analysis of Nepal’s road network.
  • Increased infrastructure spending
    February 22, 2012
    With economies booming in the BRIC countries and other regions, spending on infrastructure is at a high - Patrick Smith reports As economic crisis grips much of the world, many countries are still spending billions on infrastructure to improve transportation. While the USA and Europe struggle with debt problems (and this has affected much of the rest of the world) the development of highways, airport, ports and other infrastructure is gathering pace in other regions to boost economic developments.