Loan for Nepal highway project

A new highway project in Nepal will benefit from a loan provided by the Asian Development Bank (ADB). The loan is worth nearly US$187 million. It will be used to help upgrade the country’s East-West Highway. In addition, the loan will will also be used to improve other key sections of Nepal’s road network. Key stretches of the 45km Bhairahawa-Taulihawa road as well as the 115km Narayanghat-Butwal road will be upgraded. Separate funding from the ADB will pay for technical assistance to Nepal’s Department of
December 6, 2016 Read time: 1 min
A new highway project in Nepal will benefit from a loan provided by the Asian Development Bank (ADB). The loan is worth nearly US$187 million. It will be used to help upgrade the country’s East-West Highway. In addition, the loan will will also be used to improve other key sections of Nepal’s road network. Key stretches of the 45km Bhairahawa-Taulihawa road as well as the 115km Narayanghat-Butwal road will be upgraded. Separate funding from the ADB will pay for technical assistance to Nepal’s Department of Roads.
Finance & Funding Road Structures

Related Content

  • A new transportation project for Northern Southeast Asia
    March 2, 2022
    Transport in Northern Southeast Asia is to benefit from a new US$145 million project
    Read More
  • Funding is being provided to help pay for a key road project in Ghana
    July 5, 2019
    A finance package from the African Development Fund (ADF) will help pay for works on a key road project in Ghana. The US$81.7 million loan will provide con-financing for work on Ghana’s Eastern Corridor project. Measuring 695km in all, the upgraded link will follow the course of the existing N2 route and will provide a better connection from Ghana’s capital, Accra, to the north of the country. Work is due to commence on the 54km stretch of the Eastern Corridor between Jasikan and Dod Pepesu.
    Read More
  • Uganda road projects funding sought
    February 6, 2017
    The Ugandan Government has unveiled plans to improve its road connections with its northern neighbour South Sudan. To fund the construction project, the Ugandan Government has been seeking a loan worth US$210 million from the Islamic Development Bank (IDB). The terms of the loan arrangements have yet to be revealed however. The aim of the project is to improve the road link running through Rwekunye, Apac, Lira and Acholibur. Better transport links form part of a much wider programme of integration between E
    Read More
  • Road loan for Dominican Republic
    March 16, 2012
    A US$130 million loan will help finance the Viadom road network in the Dominican Republic.
    Read More

Highlighted Content