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

  • A rough ride for Denmark’s National Road Directorate
    November 1, 2019
    Denmark’s National Audit Office has criticised the Danish National Road Directorate for consistently miscalculating the level of investment required for road projects. The Road Directorate – Vejdirektoratet - used 33% less than budgeted for road projects from 2007-2017. The audit office said that "budget calculations by the transport ministry, including the Road Directorate, have not been accurate enough". Jens Holmboe, head of the Road Directorate, rejected the criticism, saying that the Audit Office
    Read More
  • Japan investing in Ugandan roads
    January 31, 2014
    Japanese investment is helping develop Ugandan infrastructure. Construction of the New Nile Bridge is being part-financed by the Japanese Government. Some US$90 million for the dual-lane bridge is being provided through the Japan International Cooperation Agency (JICA). The bridge forms part of the important Northern Transport Corridor of East Africa, which runs from the Port of Mombasa in Kenya through Uganda, Rwanda, Burundi to the Democratic Republic of Congo. This route is vital for Uganda’s economy, as
    Read More
  • Tackling the UK's traffic congestion
    February 28, 2012
    The biggest problem on UK roads is congestion, and there is no shortage of ideas as to how it should be tackled. Patrick Smith reports. Congestion (and how to relieve it), along with safety, are among the top priorities facing those responsible for looking after the UK's roads. Road pricing, car-share lanes, greener vehicle initiatives and alternative methods of transport such as buses, trams and rail are all part of the approach, but prior to the current economic climate the nation's love affair with the c
    Read More
  • Vietnam and Laos addressing road safety
    February 29, 2012
    Accident statistics from Laos and Vietnam reveal a growing awareness of the problems needing attention.
    Read More

Highlighted Content