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

  • Addressing road safety issues worldwide
    February 27, 2012
    Actions are planned on road safety but are they enough? - *Charles Melhuish and *Alan Ross report. Deaths and injuries on the world's roads are now a major health concern. Road crashes now cause around 1.3 million deaths and injure or disable as many as 50 million persons globally each year. The vast majority of these deaths and injuries (over 90%) occur in low- and medium- income countries adding to their already overburdened health facilities as well as adversely affecting economic and social development
    Read More
  • Corridor 10 project in Serbia may be delayed
    April 2, 2013
    A series of challenges are now facing the project to construct Serbia’s key Corridor 10 highway. The EU has asked the Serbian Government for details of the priority plan and deadlines for the completion of the Corridor 10 highway. At present three sections of Corridor 10 are at risk, due to delays and financing issues. These are the Ciflik-Pirot stretch, the Bancarevo tunnel and the Vladicin Han section. According to Serbian roads company Koridori Srbije, the construction schedule will be set by the end of
    Read More
  • Bangladesh moves forward with US$735 million highways programme
    August 5, 2021
    A massive highways development programme is being planned in Bangladesh
    Read More
  • Nepal sets major infrastructure programme in motion
    February 15, 2012
    The Nepalese Government is setting out a strategy to invest heavily in its transport connections. The country has set a budget of US$5.49 billion for the fiscal year 2011-2012, with $530 million to be spent on the infrastructure development programme.
    Read More

Highlighted Content