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

  • Improving rural roads, fighting poverty
    February 23, 2012
    IRF Geneva's Innovation Award for Road Transport in Developing Countries (InARoaD) proved a showcase for initiatives that are having a real impact on global efforts to fight poverty by opening rural access, including this inspirational project from Nepal
    Read More
  • Work starting on new road tunnel in Nepal
    December 11, 2013
    Work is starting on a new road tunnel in Nepal. The tunnel will form part of a 58km highway route that will improve connectivity in the country from capital Kathmandu to Kulekhani and Hetauda. The Kathmandu - Kulekhani - Hetauda Tunnel (KKHT) HighwayTunnel (KKHT) Highway is a major project for Nepal and is being carried out under the PPP model. The 4.5km tunnel will feature four traffic lanes, and is being developed by the Nepal Purwardhar Bikash Company. In all, the 58km route will feature three tunnel sec
    Read More
  • Tackling the UK's traffic congestion
    February 28, 2012
    The biggest problem on UK roads is congestion, and there is no shortage of ideas as to how it should be tackled. Patrick Smith reports. Congestion (and how to relieve it), along with safety, are among the top priorities facing those responsible for looking after the UK's roads. Road pricing, car-share lanes, greener vehicle initiatives and alternative methods of transport such as buses, trams and rail are all part of the approach, but prior to the current economic climate the nation's love affair with the c
    Read More
  • Brazil launches new transport infrastructure investment plan
    August 30, 2012
    The Brazilian government has announced a new transport infrastructure investment plan involving the concession of motorway operations and modernisation of the railway sector. The private public partnerships are predicted to lead to an investment of US$65.68 billion (BRL 133bn) in the next 25 years, including US$ 39.63 billion (BRL 80bn) to be spent in the first five years of the contract.
    Read More

Highlighted Content