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

  • We're here to help
    July 16, 2012
    Formed at the end of the Cold War, the European Bank for Reconstruction and Development has raised, and loaned, billions to revitalise infrastructure from central Europe to central Asia as Patrick Smith reports One of the highlights of the year for Thomas Maier has been the recent trip to Bratislava, the capital of Slovakia, where history was made. As the Business Group director in charge of the infrastructure sector at the European Bank for Reconstruction and Development (EBRD) he was present when contract
    Read More
  • Study moves ahead Brussels ring road proposal
    November 22, 2013
    Studies for the proposed Brussels Ring Road will receive EU support. Co-financing worth some €1 million from the EU’s TEN-T Programme will help pay for a study to optimise the Brussels Ring Road and improve its traffic flow and safety. The Belgian authorities will pay the remaining €1 million for the study. The main aim of this study is to try and separate local and transit traffic, without extending the existing road infrastructure.
    Read More
  • US Senate approves federal highway programme
    June 24, 2014
    In the US, the Senate Environment & Public Works Committee has made a key move by approving a six-year reauthorisation of the federal highway programme. This is a landmark political step and is likely to have been the subject of much cross-party negotiation. The move will be of major importance for the transportation construction industry, which has suffered badly from low levels of business in recent years. This six-year package will provide a major stimulus to business for contractors and equipment firms
    Read More
  • Pakistan highway project underway
    May 9, 2016
    Construction work on a major highway project in Pakistan linking Peshawar with Karachi is now underway. Building the section from Sukkur to Multan is expected to take 36 months. Once complete, the six-lane highway will stretch 392km in length. In all the Peshawar-Karachi highway will be some 1,152km long and will also pass through Lahore. Funding worth US$2.89 billion is being provided by the Export-Import Bank of China with the construction work being carried out by China State Construction Engineering Cor
    Read More

Highlighted Content