Nepal plans major infrastructure development

Nepal’s Ministry of Physical Infrastructure and Transport Management has been allocated US$524.48 million in the 2015-16 budget for developing infrastructure projects in the country. The country is faced with an additional challenge at present of repairing the links wrecked by the powerful earthquake that caused extensive damage all across Nepal. A budget of $309.8 million is being used for the Postal Highway, while a budget of $189.4 million has been set for the Mid-Hill highway. Some $97.1 million is bein
July 21, 2015 Read time: 1 min
Nepal’s Ministry of Physical Infrastructure and Transport Management has been allocated US$524.48 million in the 2015-16 budget for developing infrastructure projects in the country. The country is faced with an additional challenge at present of repairing the links wrecked by the powerful earthquake that caused extensive damage all across Nepal. A budget of $309.8 million is being used for the Postal Highway, while a budget of $189.4 million has been set for the Mid-Hill highway. Some $97.1 million is being used for the Kathmandu-Terai Fast-Track road and $24.3 million will be used to improve the Bhittamod-Janakpur road. The Nepalese Government has also earmarked $80.6 million for repair and maintenance work for strategic roads.
Finance & Funding

Related Content

  • Challenges and investment opportunities in East Africa transport infrastructure Sector
    November 21, 2014
    East Africa offers considerable potential for transport infrastructure expansion and investment - Shem Oirere reports Infrastructure, infrastructure and more infrastructure is what is needed to make East Africa the favoured destination and Kenya, Tanzania, Uganda and Rwanda have unveiled grand plans to enhance the infrastructure both nationally and regionally.” This is how market analyst Deloitte introduced its 2014/15 budget analysis for the four countries in July.
    Read More
  • Nepal tunnel project tender
    June 10, 2021
    The tender process is opening for a tunnel project in Nepal.
    Read More
  • Major projects proposed for Philippines
    August 19, 2014
    The Philippines is setting major targets for road development in coming years. A planned budget of US$2.59 billion has been set for infrastructure in the city of Luzon for 2015. And the Department of Public Works and Highways plans to pave some 32,227km of the country's national roads by 2016, with only 83% so far having been paved. Some 64.3% of the department's budget will be for repair and construction of highways. Other spending will be allocated for the development of 410km Mindanao road network, which
    Read More
  • New Zealand’s US$20 billion transport development programme
    September 12, 2024
    New Zealand is setting a budget of US$20 billion for its transport development programme.
    Read More

Highlighted Content