India helping fund Nepal infrastructure

India is helping with funding for Nepal’s infrastructure development programme. In particular this funding will be used to help expand and improve Nepal’s highway network. The move has been highlighted by the recent presentation of a US$2.31 million cheque by the Indian Ambassador to Nepal, Manjeev Singh Puri, to the Ministry of Physical Infrastructure and Transport Management, Nepal. This financial assistance will be used in the construction of the Postal Highway, the Maisthan-Gaushalabazaar-Samsi Road and
July 26, 2017 Read time: 1 min

India is helping with funding for Nepal’s infrastructure development programme. In particular this funding will be used to help expand and improve Nepal’s highway network. The move has been highlighted by the recent presentation of a US$2.31 million cheque by the Indian Ambassador to Nepal, Manjeev Singh Puri, to the Ministry of Physical Infrastructure and Transport Management, Nepal. This financial assistance will be used in the construction of the Postal Highway, the Maisthan-Gaushalabazaar-Samsi Road and the Birendrabazaar-Yadukuha-Mahinathpur route. The Indian government has been assisting Nepal’s road development since 1950 as a part of its multi-sectoral and multi-dimensional India-Nepal Economic Cooperation Programme.

Finance & Funding

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