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
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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.
Construction work is underway in Nepal on one of the biggest box-girder bridges ever built in the country. The bridge is located in Mid West Nepal and measures just over 1km long.
The European Investment Bank (EIB) is reported to be in talks with the sponsors of the A-66 Benavente-Zamora highway public private partnership (PPP) in Spain over a possible bond financing deal, which would see the Bank provide subordinated debt for an A-rated bond issue. The possible bond issue would be a further greenfield project to launch the European Union’s Project Bond 2020 initiative, with its initial pilot stage being managed by the EIB.
Improved pedestrian safety and smoother traffic flow will result from work being carried out by Nepal’s Department of Roads. The plan will see the construction of 15 pedestrian bridges along the Tinkune-Suryabinayak section of the Araniko Highway.
