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

  • Brazil: Phase 2 of PAC infrastructure programme shows results
    December 18, 2014
    Brazil has built nearly 5,200km of roads in the past four years, according to a review of the federal government's PAC Phase 2 accelerated economic growth programme. Around 1,400 of the 5,200km were built under long-term concessions and another 7,000km are under construction. Total investment has been around US$24.43 billion. PAC is a strategic investment programme that combines management initiatives and public works, according to the World Bank. The first phase, launched in 2007, saw around $349 bil
    Read More
  • Ethiopia planning road network growth
    June 11, 2018
    Ethiopia is setting a target of 2020 to complete its road expansion programme. The plan has been to double the length of the country’s road network in the period from 2015 to 2020. At present Ethiopia has around 121,200km of roads, compared with around 100,000km of roads in 2015. But by 2020, the Ethiopian Roads Authority (ERA) aims to expand the network to 200,000km.
    Read More
  • FEHRL infrastructure research event planned for Brussels
    February 13, 2015
    The next FEHRL Infrastructure Research Meeting 2015 (FIRM15) event will be held on 22nd-23rd April 2015 in Brussels. This key conference features the theme ‘Innovative maintenance of Transport Infrastructure. Faster, cheaper, more reliable, safer, greener’. The language for the event will be English and it will cost €150 Euros/person, which covers the two day conference as well as the exhibition entrance and attendance for the evening cocktails. This event will help provide scientific input to Europe and n
    Read More
  • Ethiopia’s challenging cement market: consumption stimulation
    January 26, 2018
    Ethiopia’s cement industry has enjoyed substantial growth in the past decade. However, challenges linked to the government’s investment policy could erode these gains, as Shem Oirere reports With nearly 16.5 million tonnes of cement capacity and 10% average growth in annual consumption, Ethiopia is among the top cement producers in sub-Saharan Africa. Only Nigeria and South Africa rival it.
    Read More

Highlighted Content