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

  • Colombia’s infrastructure development
    December 2, 2013
    Colombia is benefiting from heavy investment in infrastructure that is helping boost the country’s economy. At the same time, tough policies have also reduced crime considerably and helped stabilise economic development. This process of economic growth and overall stabilisation looks set to continue as the Colombian Government has recently unveiled its plans for highway construction over the next 10 years. This infrastructure programme is also tipped to raise demand for surety products owing to government c
    Read More
  • Guatemala bridge construction project
    May 26, 2017
    Guatemala is planning to build a new bridge that will cost an estimated US$150 million. The plans call for the new Belice Bridge to be constructed alongside the existing structure. A portion of the funding would be provided in the form of a loan from the Central American Bank for Economic Integration (CABEI). A design study could be carried out towards the end of 2018. Repairs are required to the existing BeliCe Bridge however and little interest has been received so far in the tender process for this work.
    Read More
  • Geosynthetic drainage technology developments
    June 13, 2012
    An innovative solution to providing vital, low-impact surface water control for one of Britain’s largest local authority road schemes is said to have been recently achieved using Hydro International’s (HI) Hydro Vortex Drop Shaft  ow control technology. The new 7km bypass built by Costain at Church Village, near Pontypridd, South Wales, required careful planning to minimise its effect on the countryside and the local environment. Rhondda Cynon Taff Council needed to bypass Church Village to reduce traf c
    Read More
  • Massenza’s new vision for 2014
    March 12, 2014
    Massenza has started 2014 with a new approach to its range of bitumen emulsion plants, streamlining its four larger models into two, and adding a smaller plant. This has allowed Massenza to optimise the design and components for each size of plant, which in turn allows the company to offer its customers a more competitive deal. At the same time, Massenza has made three major technical improvements to the plants: a new type of material for the water tank which resists corrosion; a new dosing system for th
    Read More

Highlighted Content