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

  • Paraguay key bridge project is restarting
    January 29, 2024
    A key Paraguay bridge project is restarting.
    Read More
  • Nova Scotia sets road budget for 2019-20 at US$224 million
    December 20, 2018
    The Canadian province of Nova Scotia will get US$224 million for road upgrades in 2019-20, a boost of $11.2 million over the current period. Lloyd Hines, the province’s transportation and infrastructure renewal minister, said much of the additional funding will be for twinning portions of the province’s 100 series highways, including the 101, 103, 104 and the 107 Sackville-Burnside connector. The plan includes rebuilding and upgrading gravel roads and around $15 million of the money has been earmarked
    Read More
  • US president-elect Obama and the future of America's roads
    July 18, 2012
    The current US transportation funding law expires in September 2009. The current law allocates US$286 billion to highway and transportation projects. However, simply re-authorising the same amount will not be sufficient to build, maintain and improve the nation's roads, bridges, airports, and other deteriorating infrastructure. The backlog of projects unaddressed has swollen to the point where the American Society of Civil Engineers (ASCE) says it will take $1.6 trillion to address the country's road and in
    Read More
  • Serbia project for Chinese?
    December 11, 2012
    Serbian Minister of Construction and Urbanism, Velimir Ilic, claims the China Roads and Bridges Company (CRBC) has verbally agreed to invest €2.5 billion (US$ 4.8bn) to enable the construction of the Corridor 11 motorway. Ilic said that an official CRBC offer to fund and build the key motorway route will be submitted from the beginning of September 2012. The CRBC is already participating in construction of Serbia’s Zemun-Bora bridge. Ilic added that the World Bank (WB) had expressed interest in funding a
    Read More

Highlighted Content