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

  • Cost effective road maintenance
    February 8, 2012
    Highway maintenance and repair is an easy target for cuts in highway budgets, but there are cost-effective measures that can be adopted as Patrick Smith reports. Road maintenance is an increasingly important industry that spans a worldwide market. Awareness of the need for a stable and sustainable international infrastructure, maintenance and creative rural road technologies are taking a stronger role as viable sources for a cost-effective means of preserving, developing and prolonging the life of roads wit
  • SSL hits back over criticism of its work on the Champlain Bridge
    December 11, 2017
    The contactor building the replacement Champlain Bridge in Canada has hit back over of allegations of poor workmanship in the US$3.3 billion project. The new 3.4km cable-stayed Champlain Bridge over the St Lawrence River will have six lanes vehicle lanes and a separate cycle and pedestrian lane. Design life is 125 years and is being constructed under a public-private partnership and operating contract of 30 years after completion of construction. Work includes construction of a smaller bridge for Île des
  • Funding package secured for Myanmar bridge project
    December 4, 2018
    Funding has been secured for an important bridge project in Myanmar. The new bridge will connect the key commercial city of Yangon with Dala, spanning the Yangon River. The Economic Development Cooperation Fund of South Korea is providing a loan worth close to US$138 million for the work. The Myanmar Government is also providing over $188 million for the project. Originally the bridge was expected to cost $168 million but a series of design changes have resulted in a larger budget being required. One of the
  • Highways Agency rebrands as part of its first five-year plan
    December 10, 2014
    The UK’s Highways Agency will rebrand as part of the organisation’s first five-year Strategic Business Plan to maintain England’s motorways and major A roads up to 2020. The plan for England’s strategic road network was developed response to the Road Investment Strategy published in early December. The UK government is getting set to make deliver the largest investment in roads since the 1970s and wants to make sure it gets value for money as well as nearly US$1.9 billion (£1.2 billion) of efficiency savin