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 for the second stage of the Chusovaya Bridge in Russia is commencing. The contract for the project is being handled by construction firm Stroytransgaz. The new bridge will span the Chusovaya River in Russia’s Perm Region. The contract is worth US$260.3 million and was awarded by a division of the VTB Group, the Perm Concession Company. Financing is being supplied jointly by regional and federal budgets as well as from additional sources.
Nepal’s Ministry for Physical Infrastructure and Transport has inaugurated a programme for bridge upgrades and maintenance across the country. This is being funded by the World Bank while the programme will also benefit from new bridge management software developed by the department of roads. This software will be able to locate the type of bridge, location, date of completion, span, crossing, load capacity, condition and load restriction. The World Bank has provided a grant assistance of US$147.6 million f
