Skip to main content

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.

Related Content

  • Vietnam’s key highway project receiving initial funding
    November 15, 2018
    Funding from the World Bank will help with the development of Vietnam’s North-South Expressway project. The Vietnamese Government has sourced US$214 million for the project already from its own funds. The highway will stretch 654km across the country, speeding transport and helping develop trade and tourism. Because of the project’s scale, the work is being split into 11 separate stretches and should be complete by 2025.
  • Saudi Arabia contract for local firm
    August 4, 2020
    A Saudi Arabian road contract is being handled by a local firm.
  • Loan to Tanzania for road project
    August 22, 2019
    Tanzania’s Dodoma City Outer Ring Roads project is to benefit from a loan provided by the African Development Bank (AfDB). The US$180 million loan from the AfDB will be used alongside the $36 million being provided by the Tanzanian Government for the work. In all the project will see 110km of road being constructed, including the ring road itself plus access roads and interchanges.
  • New Kazakhstan highways planned
    May 11, 2018
    New highway bypasses are being planned for South Kazakhstan. The routes will bypass the cities of Shymkent and Sarygash and will feature two lanes in either direction. The projects are costing US$303.5 million in all to construct. A portion of the necessary funding for constrution and operation of these bypasses will be provided via grant from the Asian Development Bank (ADB).