The World Bank is helping fund Nepal’s bridge building

The World Bank (WB) is providing funds worth US$60 million to help Nepal build and repair bridges. The money will be used to build 121 new bridges and maintain 426 existing bridges that provide connections on Nepal’s Strategic Road Network (SRN). This budget has been set under the WB’s lending mechanism, project for result (P4R). The sum will help Nepal tackle repairs to 89 bridges that are in need of urgent major maintenance and 95 that require minor maintenance. Road officials in Nepal are also setting ou
June 28, 2012 Read time: 1 min
The 2332 World Bank (WB) is providing funds worth US$60 million to help Nepal build and repair bridges. The money will be used to build 121 new bridges and maintain 426 existing bridges that provide connections on Nepal’s Strategic Road Network (SRN). This budget has been set under the WB’s lending mechanism, project for result (P4R). The sum will help Nepal tackle repairs to 89 bridges that are in need of urgent major maintenance and 95 that require minor maintenance. Road officials in Nepal are also setting out policy on whether to repair or replace all the old bridges in the Strategic Road Network over the next five years.

For more information on companies in this article

Related Content

  • India rushing to improve its highway system
    February 9, 2012
    Despite the world economic slowdown, India still seems in a rush to improve its highway system as Patrick Smith reports. Later this year India will be seen by hundreds of millions worldwide when the country's capital New Delhi hosts its biggest event ever.
    Read More
  • London’s transportation network requires revolutionary approach to build capacity
    November 13, 2015
    London requires a radical new strategy to delivering the transportation development the city will need to cope with its fast growing population. Martin Tugwell, Transport Programme Director for England’s Economic Heartland Strategic Alliance said, “A road network fit for the world’s fifth largest economy cannot be planned from London: it is time for a revolution in approach, one that is focused on meeting our needs.”
    Read More
  • Brazilian road building analysis
    April 15, 2015
    The Brazilian Government now intends to evaluate plans for additional private investment in transport infrastructure. The country’s Ministry of Planning will start analysing work that was not covered under initial contracts for private investment in current road, railway and port projects. The plans represent substantial sums with an estimated total investment of US$9.76 billion in all. Under the current model, companies look for official permission to carry out work in order to improve their concessions. G
    Read More
  • India plans major infrastucture investment
    February 10, 2012
    India says it turned its Commonwealth Games into a world-class success, and now it aims to do the same with its infrastructure. Patrick Smith reports. On October, 2010 India put itself on the world stage, and disaster appeared to loom as a catalogue of problems dogged its biggest ever sporting event. Costing nearly US$2 billion to stage, the most expensive Commonwealth Games ever were, according to some, in doubt.
    Read More

Highlighted Content