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

  • Ukraine's pivotal plans
    February 16, 2012
    The authorities in the Ukraine are in discussions regarding financing for a major road project, as well as making plans for the country's first ever highway concession.
  • Guatemala bridge construction project
    May 26, 2017
    Guatemala is planning to build a new bridge that will cost an estimated US$150 million. The plans call for the new Belice Bridge to be constructed alongside the existing structure. A portion of the funding would be provided in the form of a loan from the Central American Bank for Economic Integration (CABEI). A design study could be carried out towards the end of 2018. Repairs are required to the existing BeliCe Bridge however and little interest has been received so far in the tender process for this work.
  • Poland's ambitious highway construction plans
    July 10, 2012
    The European football championships are among a number of things pushing Poland's ambitious highway building programme. Patrick Smith reports. Poland is planning to spend a colossal €4.57 billion on road projects in 2009, a 35% increase over the previous year. T
  • Nepal road funding from World Bank
    January 3, 2017
    Road projects in Nepal will benefit from a further US$55 million of funding from the World Bank. The funding will be used for Nepal’s Road Sector Development Project (RSDP). The RSDP calls for a series of works right across the country, including the construction of 33 bridges, maintenance to 355 bridges and 700km of existing roads and a detailed analysis of Nepal’s road network.