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.
After a series of delays a key project to construct a new tunnel connection in Nepal is now moving forward. The country’s Department of Roads is inviting bids for the Ngdhunga Tunnel project, which comes with an estimated pricetag of US$182 million. Around 75% of the necessary funding is being supplied by the Japan International Cooperation Agency (JICA) in the shape of a loan with a 40-year repayment period. The project for the Ngdhunga Tunnel involves building a 2.45km tunnel section between Basnetchhap a
A series of major transport projects worth a combined value of over US$28 billion are set to significantly enhance connectivity between various parts of Russia. These include the Moscow-St Petersburg highway, work to the transport system in the Rostov region and two new bridges: one over the Belaya river in Ufa, the other over the Kama river in Izhevsk.
The tender process for the $4.46 billion contract to build, maintain, repair, and operate a section of the Moscow- St Petersburg highway has been announc
Several important Bulgarian road projects are expected to gain momentum over the coming weeks, a welcome boost for a sector that has been beset by delays in the past. In mid-September, the National Road Infrastructure Agency (NRIA) announced that it would soon be declaring new tenders for the construction of two key road projects worth a total of US$94 million (approximately €68.8 million). One section will link the south-eastern city of Kardzhali to Podkova, near the Greek border: the second will connect t
