Nepal road and bridge improvements receiving funding

A loan from the World Bank will help pay for a series of road upgrades across Nepal. The US$133 million loan will be directed towards improving 12,412km of Nepal’s road network, including both major highways and secondary link roads. Also benefiting from the loan will be many of Nepal’s bridges. Maintenance work will be carried out to 90 bridges and safety measures will be improved on 180 bridges. Construction work will be completed on 92 bridges being built at present, while a further 115 existing bridges
November 20, 2018 Read time: 1 min

A loan from the 2332 World Bank will help pay for a series of road upgrades across Nepal. The US$133 million loan will be directed towards improving 12,412km of Nepal’s road network, including both major highways and secondary link roads. Also benefiting from the loan will be many of Nepal’s bridges. Maintenance work will be carried out to 90 bridges and safety measures will be improved on 180 bridges. Construction work will be completed on 92 bridges being built at present, while a further 115 existing bridges that are no longer fit for purpose will be replaced.

Finance & Funding

For more information on companies in this article

Related Content

  • Tanzania-Uganda road development funding source
    November 20, 2017
    Preparation work for the improvement of the road connecting Uganda with Tanzania is being provided by the African Development Bank (AfDB). Funding worth US$1.5 million is being given by the AfDB to pay for the preparation work. The new road will connect Masaka in Uganda with Kagera in Tanzania and forms part of a programme to improve connections across East Africa. The road project is being carried out in three separate sections. One stretch measures 133km and runs from Kumunazi, through Bugene to Kasulo in
    Read More
  • Riyadh’s transport infrastructure upgrade programme
    August 29, 2013
    IRF chairman and mayor of Riyadh, Eng Abdullah A Almogbel, discusses the city’s massive infrastructure investment and the pressing need for this development work Saudi Arabian capital Riyadh is fast growing with a pressing need for additional transport infrastructure resulting in a massive investment programme. The oil industry has fuelled Riyadh’s rapid expansion from being a medium sized town just 100 years ago, to its status as a major city today. With the explosion in vehicle use during the 20th ce
    Read More
  • Indonesia’s road revamp is seeing new road transport connections
    July 16, 2018
    Indonesia’s road development programme is continuing, with a series of major projects being carried out across the country that will boost transport connections. State funding will help progress on the Trans-Sumatra toll road, paying for six sections of the road link. In all the 1,480km toll road project is expected to cost nearly US$11.85 billion, with state funding paying for a significant portion of the work So far the state-owned construction firm, Hutama Karya, which is building much of the route has
    Read More
  • Paraguay bridge project completion date
    June 24, 2022
    A completion date has been set for a Paraguay bridge project.
    Read More

Highlighted Content