A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
August 11, 2017
Read time: 1 min
A series of road projects is being awarded in Nepal. The announcements over the winning tenders for 13 projects is being made in Nepal’s capital Kathmandu. Financing worth US$300 million is being provided from Indian sources.
A series of infrastructure upgrades are planned for Nepal that will help improve its economic development. A key infrastructure requirement for Nepal is the development of its road network. In a move to tackle the issue, Nepal’s Ministry of Physical Infrastructure and Transport has initiated the strategy for the development of roads in all 75 districts by 2022.
About US$7.5 billion has been estimated as being required for the completion of this project. Funding will require financing from internal sources
Major road expansion is planned for Nepal, but will face huge challenges due to the country’s geography - Mike Woof reports, with local information from World Highways' Nepal correspondent, Ram Krishna Wagle
The tiny, landlocked nation of Nepal lies sandwiched between two of the world’s largest countries, China and India and maintains good relations with both. Politically Nepal has strong links with China, while culturally its ties are close with India and these relationships work both ways. Despite bein
