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

  • Burkina Faso improves Ouahigouya connection
    July 25, 2022
    The work is part of the government’s 2021-2025 RND plan to improve national roads.
    Read More
  • Nepal’s road network continues to develop
    October 15, 2012
    Data from the Nepalese Government shows that work is on-going to upgrade the country’s road network. Public Road Statistics from the Ministry of Physical Planning, Works and Transport Management show that 1,180km of new roads have been constructed in Nepal in the 2011-2012 fiscal year. The statistics reveal that of the 1,180km of roads, 290km were surfaced with asphalt and 407km were gravel roads, while there were also 47 new bridges built in the period. The target for the 2011-2012 fiscal year however was
    Read More
  • Bosnia Herzogovina highway project receiving EBRD loan
    September 12, 2018
    A loan from the European Bank for Reconstruction and Development (EBRD) worth €180 million will help to pay for the construction of the Corridor Vc highway project. This highway is of key importance for the economic development of Bosnia and Herzegovina as it will provide and improved transport connection with Europe. The loan will help to pay for the construction of three new sections of Corridor Vc, measuring some 16km. The loan will be provided in two tranches, with the first of up to €120 million and b
    Read More
  • Nepal introducing smart licences and new number plates
    April 25, 2012
    The Nepalese government is introducing smart licences and embossed vehicle number plates from the 2012/2013 fiscal year which begins in July, 2012. The new initiative to use a uniform number plate with unique security features will greatly enhance enforcement of vehicle registration compliance and also make it easier to identify and take action on traffic offences
    Read More

Highlighted Content