Nepal's bridge building benefits from bank input

Nepal's transport network is to benefit from investment worth US$100 million, with a substantial portion being provided by the World Bank (WB).
February 15, 2012 Read time: 1 min
Nepal's transport network is to benefit from investment worth US$100 million, with a substantial portion being provided by the 2332 World Bank (WB). The funds will be used to build 200 new bridges and repair 1,400 existing structures. 2664 Nepal's Department of Roads (DoR) will invest $40 million, while the WB will provide the remaining $60 million. Nepal's Government has set aside funds already for its 2011-2012 financial year for bridge projects while the country's Ministry of Finance has been given proposals for an estimated bridge construction and maintenance budget from the 2437 Ministry of Physical Planning and Works (MoPPW) for the next financial year. So far this year work has commenced on 90 bridges and these projects are all expected to be complete by the end of 2011.
Road Structures

For more information on companies in this article

Related Content

  • Webuild sees double-digit growth in H1
    July 28, 2025
    Construction group's growth 'greater than expected' with revenues up 22%
    Read More
  • Major Romanian road projects are underway
    January 23, 2023
    Many major Romanian road projects are currently underway.
    Read More
  • Brenner Tunnel financing solution suggested
    March 20, 2015
    The Brenner Base Tunnel could be financed by highway users according to a proposal by the Italian Ministry of Transport. The authorities in South Tyrol have suggested that the EU may forego new tenders and recalculate the concession period so that it is for a longer timeframe. This would be of benefit both to the Italian Government (which has budgetary restraints), and the EU. Highway operator Brennerautobahn, in which the Italian regions of Trentino and South Tyrol have a 32.2% stake, already provides €30
    Read More
  • Brazil opening tender processes for highways, tunnels and road repairs
    July 4, 2014
    A series of tenders for major highway, tunnel and road repair projects are being opened in Brazil. The country’s national transport infrastructure department, DNIT, has set out plans for a series of tenders, all of which form part of phase 2 of the country's growth acceleration plan, PAC. The first of the key projects opening for tender will be the new Morro dos Cavalos tunnel, which will be constructed in the southern state of Santa Catarina. This 1.36km tunnel will be built in the city of Palhoça and form
    Read More

Highlighted Content