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

  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
  • $250 million for Oregon-Washington bridge replacement
    July 10, 2025
    Oregon and Washington will provide $250 million for the Hood River-White Salmon Bridge replacement.
  • India helping fund Nepal infrastructure
    July 26, 2017
    India is helping with funding for Nepal’s infrastructure development programme. In particular this funding will be used to help expand and improve Nepal’s highway network. The move has been highlighted by the recent presentation of a US$2.31 million cheque by the Indian Ambassador to Nepal, Manjeev Singh Puri, to the Ministry of Physical Infrastructure and Transport Management, Nepal. This financial assistance will be used in the construction of the Postal Highway, the Maisthan-Gaushalabazaar-Samsi Road and
  • Chinese input for Democratic Republic of Congo road improvement
    December 13, 2023
    A Chinese firm will assist with a road project in the Democratic Republic of Congo.