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

  • New Algerian routes
    November 27, 2012
    A major new expressway will link Tizi-Ouzou in Algeria to the country’s East-West highway. The local authorities have been given a budget of US$623 million for the project. The expressway will connect to the East-West highway at Bouira. The project forms part of the 2010-14 five year plan and is required as the existing route linking Tizi-Ouzou to the East-West highway, the TN 12, is now carrying more vehicles than it was designed for. Meanwhile a feasibility study has been completed for a new six-lane high
    Read More
  • Southern Ohio Veterans Memorial Highway ready for construction
    April 13, 2015
    Construction is about to start on the first public-private partnership highway project in the US state of Ohio. The Southern Ohio Veterans Memorial Highway, near the city of Portsmouth, will cost nearly US$228 million and is scheduled for completion in 2019, according to the Ohio Department of Transportation (ODOT). The Portsmouth Gateway Group will build the 25.8km, four-lane limited access highway from U.S. Route 23 north of Lucasville to U.S. Route 52 near Sciotoville. An ODOT statement said tha
    Read More
  • Key African highway concession signed
    April 19, 2022
    The concession package has been signed for a key African highway.
    Read More
  • EIB loan for Tunisia road project
    December 6, 2016
    A new road and viaduct project is planned for Bizerte in Tunisia. The project will be paid for through a loan worth €123 million agreed with the European Investment Bank (EIB). The project includes building a 9.5km road section and a 2km viaduct that will span the entrance to Lake Bizerte. Once the link is in place it will help reduce congestion as well as exhaust pollution close to Bizerte. The existing bridge is no longer able to meet traffic demands but the new structure will feature two lanes in either
    Read More

Highlighted Content