Skip to main content

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.

For more information on companies in this article

Related Content

  • Norway's bridge meets tough environmental targets
    February 27, 2012
    One of the world's longest bridges is being built in Norway – for traffic volumes of just 2,000 cars/day reports Adrian Greeman. The stunning landscape of the long sea fjords in Norway is one of its glories, attracting thousands of tourists every summer. But the high mountains and deep sea inlets are also one of the great obstacles to transport and development.
  • Norway's bridge meets tough environmental targets
    May 2, 2012
    One of the world's longest bridges is being built in Norway – for traffic volumes of just 2,000 cars/day reports Adrian Greeman. The stunning landscape of the long sea fjords in Norway is one of its glories, attracting thousands of tourists every summer. But the high mountains and deep sea inlets are also one of the great obstacles to transport and development.
  • Support for Poland’s A1
    July 6, 2012
    The European Investment Bank (EIB) has in total granted a long-term facility of €1.070 billion for the construction of the second phase of the A1 motorway forming part of the priority trans-European transport network connecting the north of Poland (Gdansk) with the Austrian capital Vienna, via the Czech and Slovak Republics. The loan will finance the construction of a 62km section of the A1 motorway between Nowe Marzy and Torun on the basis of a design, build, finance and operate (DBFO) concession. This con
  • US$2.5 billion boost for Cameroon
    May 20, 2024
    A US$2.5 billion investment will boost Cameroon’s development.