World Bank investment in Nepalese links

The World Bank is providingUS$99 million in funding to Nepal for a major transport project. The funding will come in the form of loans and grant assistance and is aimed at the Nepal-India Regional Trade and Transport Project (NIRTTP). This project includes the improvements to the Birgunj-Kathmandu corridor as well as the construction of a series of upgrades of the existing Narayanghat-Mugling road. The work will also include the construction of a logistics centre. The loans are worth $72 million while $27 m
July 19, 2013 Read time: 1 min
The 2332 World Bank is providingUS$99 million in funding to Nepal for a major transport project. The funding will come in the form of loans and grant assistance and is aimed at the Nepal-India Regional Trade and Transport Project (NIRTTP). This project includes the improvements to the Birgunj-Kathmandu corridor as well as the construction of a series of upgrades of the existing Narayanghat-Mugling road. The work will also include the construction of a logistics centre. The loans are worth $72 million while $27 million will be in grant form.
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