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.
A new highway project worth US$184 million has been awarded in Myanmar to a joint venture comprising Punj Lloyd and Varaha Infrastructure. The project will see the construction of an improved road link measuring 120km connecting Yagyi with Kalewa. The work is expected to take three years to complete and will include the construction of three large bridges as well as two small bridges.
A loan from the World Bank will help pay for a series of road upgrades across Nepal. The US$133 million loan will be directed towards improving 12,412km of Nepal’s road network, including both major highways and secondary link roads. Also benefiting from the loan will be many of Nepal’s bridges. Maintenance work will be carried out to 90 bridges and safety measures will be improved on 180 bridges. Construction work will be completed on 92 bridges being built at present, while a further 115 existing bridges
Paraguay is planning to launch a series of project tenders during 2014. The country's public works and communications ministry (MOPC) intends to invest some US$700 million in 19 infrastructure road tenders during 2014, according to Business News Americas. Two tenders for the construction and rehabilitation of Asunción's eastern access road and the Cruce Guaraní-Pindoty Porá route in Canindeyú department have already been launched. These are due to be awarded shortly. In the first quarter of 2014, MOPC aims
