Skip to main content

Nepalese Government pushes ahead with transport infrastructure programme

The Nepalese Government has announced a major programme of transport infrastructure works for the 2014-2015 period. Road, highway and airport projects have all been prioritised. The detailed project report for the Kathmandu-Tarai Fast Track Road is to be completed within six months. The proposal aims to attract investors by guaranteeing a minimum number of vehicles using the tolled link. The project has been delayed due funding issues. This period will also see work being carried out the Mid-Hills Highway,
July 17, 2014 Read time: 2 mins

The 5283 Nepalese Government has announced a major programme of transport infrastructure works for the 2014-2015 period. Road, highway and airport projects have all been prioritised. The detailed project report for the Kathmandu-Tarai Fast Track Road is to be completed within six months. The proposal aims to attract investors by guaranteeing a minimum number of vehicles using the tolled link. The project has been delayed due funding issues. This period will also see work being carried out the Mid-Hills Highway, including a new asphalt surface for a 66km stretch, gravelling a further 20km and building 20 bridges. Some $72.7 million will be spent on building and upgrading airports. Construction of Gautam Budhha Regional Airport and Pokhara Airport is due to commence shortly. Meanwhile residents in Nijgadh town, Bara district are being relocated to allow work to go ahead on a second international airport. The current Tribhuwan International Airport (TIA) will see technology upgrades, while Biratnagar, Nepalgunj and Dhangadi will be developed as regional airports. There are also plans to buy five aircraft and the transport infrastructure programme of road and air connections is intended to help boost tourism.

For more information on companies in this article

Related Content

  • 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.
  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
  • East Africa’s dream of a ‘Silk Road’ in sight
    October 22, 2021
    East Africa’s dream of a ‘Silk Road’ route to boost trade and transport is now in sight
  • New funding helping Nepal plan for road development
    January 5, 2016
    The Nepalese Government is planning to spend a healthy US$ 1.3billion on developing major infrastructure projects. New roads and highways as well as energy projects are being prioritised. Funding will be provided jointly through the World Bank and the US Government body the Millennium Challenge Cooperation (MCC), as well as the Government of Nepal. The Kathmandu-Tarai Fast Track project has been suggested as a top priority. One-third of the funding will come from the World Bank, MCC and government while the