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

  • Major Indonesian highway projects moving ahead
    December 13, 2018
    A series of major highway projects are now moving ahead in Indonesia. One of the projects is for part of the Trans-Java Toll Road. Work is now starting to build the route and this new 759km toll road will connect Surabaya and Jakarta. Construction is already underway on building the Bogor-Ciawi-Sukabumi Toll Road or Bocimi linking West Java's Ciawi with Cigombong.
    Read More
  • Vietnam’s Ho Chi Minh City needs over US$600mn for roads in 2014, claims city’s DOT
    February 11, 2014
    More than US$617 million (VND 13 trillion) will be required by Vietnam's Ho Chi Minh City for road construction and repairs in 2014, according to a national newspaper quoting the city's Department of Transport. Ho Chi Minh City needs the money to fulfil plans to construct 10 new bridges and 45km of road covering 397,000m². Of the total funding demand, $108.27 million (VND 2.3 trillion) will be official development assistance (ODA) loans, while $329.54 million (VND 7 trillion) will come from Ho Chi Minh Cit
    Read More
  • VIDEO: Nexus picks up Toowoomba bypass project in Queensland, Australia
    August 21, 2015
    Nexus Infrastructure group has signed a contract with the Australian government to deliver the Toowoomba Second Range Crossing project in Queensland state, costing nearly US$1.2 billion.

    Nexus will design construct, finance, operate and maintain the 41km route that will bypass the city of Toowoomba, east to west.

    Toowomba and district, with a population of around 158,000, is inland 125km west of Queensland's capital city Brisbane, on Australia’s northeast coast.
    Read More
  • IRF Members launch regional committee for Central Asia
    October 23, 2017
    Against a background of unprecedented connectivity investments bridging East and West, the formation of a regional committee will assist member organisations. It will allow them to gain access to a wider pool of knowledge on regional infrastructure programmes, and solutions designed to optimise road investments. Central Asia is a loosely defined geographic area bridging the eastern fringes of Europe to the borders of China. Common factors between these countries include a shared history of relatively recen
    Read More

Highlighted Content