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

  • Russia new programme for developing high-speed roads
    January 14, 2019
    Russia has approved a new state programme for the development of its high-speed road network – Eugene Gerden reports The Russian government has officially approved a new state programme, which is aimed at developing the federal high-speed road network in the country. This programme will run until 2030, according to recent statements by the official state press-service. According to some leading Russian experts in the roadbuilding sector, the need to implement these plans is acute. At present the tota
    Read More
  • IRF strives for improved road safety
    November 1, 2012
    The latest in the series of major road safety conferences hosted by IRF’s India Chapter will take place in New Delhi from 1-2 November 2012, with the focus on Urban and Rural Roads Each day, thousands of people are injured or killed on roads around the world. According to the World Bank, “the social and economic losses from road deaths and injuries in low and middle-income countries are projected to be on a catastrophic scale. . .” Globally, road injuries and deaths are due to a number of factors. This unde
    Read More
  • New Zealand’s Waterview project is moving closer to completion
    December 13, 2016
    New Zealand’s biggest road project is less than a year away from completion, and a lot of progress has been made since World Highways last looked at the project two years ago - Mary Searle Bell reports New Zealand’s Waterview project is moving closer to completion and will be the largest road project in the country. The NZ$2 billion Western Ring Route will see the creation of an alternative motorway to State Highway 1, which runs through the centre of Auckland. The 47km-long motorway will allow a large p
    Read More
  • Poland's infrastructure expenditure drops
    May 8, 2012
    Europe’s road building contractors are likely to see a drop in activity levels in Poland in coming years. This is likely to spark concern in the industry as Poland has been a major source of revenue in recent years due to the expansion of its road network. The country’s expenditure on road building may well shrink in the next EU budget. Poland’s Infrastructure Ministry GDDKiA has said that the pace of road building in the country will drop considerably after 2013. GDDKiA said that it had no information as y
    Read More

Highlighted Content