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

  • New Ethiopian bridge project going ahead
    May 3, 2019
    A major new bridge project is now going ahead in Ethiopia, with funding being provided by the Ethiopian Government.
    Read More
  • Argentina seeking road funding opportunities
    October 10, 2018
    Argentina is looking at financing solutions that will help the country develop and improve its road network. The country’s Transport Ministry has been holding discussions in New York with a series of major banks and finance institutions. Many of the new highway projects projected for Argentina will be carried out under the PPP model, with a new financial framework and trust fund having been planned to pay for the works. In all the programme of works calls for 7,200km of road works to be carried out using th
    Read More
  • Japanese input for Sudanese bridge project
    April 25, 2012
    A key agreement between the Sudanese Government and the Japan International Cooperation Agency (JICA) will see a new bridge being built in South Sudan. The US$90 million bridge will measure 560m long and will span the River Nile. A seven month feasibility study has already been carried out into the project for Sudan’s road and bridges ministry and construction is expected to take three years to complete. JICA has agreed to give technical assistance although it is not clear at this stage whether funding will
    Read More
  • Japanese input to Uganda/Philippines
    February 29, 2012
    Japanese funding is helping pay for a key bridge replacement project in Uganda and road development in the Philippines.
    Read More

Highlighted Content