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

  • Cambodian road and bridge connection project planned
    September 17, 2019
    A new road and bridge project in Cambodia will improve transport between Kampong Thom Province and Kampong Chhang Province. The project is expected cost US$200 million and is being planned by the country’s Ministry of Public Works and Transport. Work on the project is intended to commence in 2021 and will result in the construction of a new 57km road link that will boost trade, tourism and the economic development of these neighbouring provinces. The road will link to the 3.9km bridge spanning the Tonle Sap
  • Nepal’s road safety awareness programme is now commencing
    April 12, 2013
    A half day seminar has been run in Nepal with aim of reducing road fatalities. The seminar focussed on the Role of Roads Board Nepal in creating road safety awareness. This event was set up by the Road Board Nepal, a government agency established under the Road Board Act 2002. The agency has the aim of providing a sustainable fund for planned maintenance of the roads in association with local NGOs; Nepal Forum for Rural Transport and Development (NFRTD) and Nepal Road Safety Society. Engineer Ramesh Bastola
  • The GRSF: breaking down barriers
    December 17, 2020
    Improving road safety can be expensive, especially for low- to middle-income countries. The Global Road Safety Facility has been working hard to alleviate the situation
  • Funding secured for Philippines road projects
    February 15, 2019
    A loan package has been sourced for the Cebu Cordova Link Expressway project in the Philippines.