Skip to main content

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

  • Ohio is introducing a new revenue stream for road funding
    May 22, 2012
    A novel concept aimed at boost road funding is being introduced by the Ohio Department of Transportation (ODOT). The new ODOT programme is aimed at generating millions in new revenue for reinvestment into highway funding. The scheme will permit advertising and sponsorship opportunities at interstate rest areas and welcome centres throughout Ohio. ODOT says it is seeking competitive bids for the Sponsorship, Maintenance, and Advertising Revenue Tartgeted (SMART) programme.
  • Nepalese highways will benefit from Chinese funding
    October 11, 2012
    The Chinese Government is providing neighbouring Nepal with expertise and funding for the ring road development around capital Kathmandu. This has been arranged through a bilateral agreement between the Chinese and Nepalese governments. The programme of works is getting under way and will see the widening of 27km of the ring road from its present four lanes to eight lanes in all. The Chinese Government funded the detailed survey design although the contractor has yet to be selected for the project.
  • The drive for US road funding: will corporate America get a seat?
    September 13, 2017
    Trumponomics aims to use public money for pump-priming an even greater amount of cash from the private sector to improve America’s crumbling roads. But is political will matching corporate America’s enthusiasm for more private investment, asks David Arminas If there were ever a test case for comparing public-private partnerships and design-build contracts, the recently completed Ohio River Bridges Project is it (see previous article).
  • Bidding for Uganda road connecting Kampala and Jinja
    May 22, 2018
    In Uganda bidding is now underway for the new expressway project to improve transport between capital Kampala and the industrial city of Jinja. The project for the 95km section of road is expected to cost US$1 billion to construct. The contract is being offered under the design, finance, build and operate model, with the route then being handed back to the Ugandan Government once the agreed concession period is complete. Some of the financing will be provided by the Africa Development Bank (AfDB), French De