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

  • US$417 million loan for North Carolina toll road upgrade
    February 20, 2024
    A US$417 million loan will help pay for a key North Carolina toll road upgrade.
  • Nepal is to boost road building activity
    August 7, 2020
    Nepal is to boost road building activity to revamp its economy.
  • Major road projects for West Africa
    July 6, 2012
    Two major road projects will help connectivity in West African nations. In Cameroon, a loan from China Eximbank will help fund a key expressway project. Meanwhile in Côte d'Ivoire, a new highway will provide a new link to a major port. The US$466 million loan from the Export-Import Bank of China (China Eximbank) will be used to upgrade the expressway linking Cameroon’s two major cities, Douala and Yaounde. Meanwhile Bouygues Travaux Publics is to build a 6.4km stretch of highway in Côte d'Ivoire, in a contr
  • Kathmandu's road widening project to ease congestion
    May 11, 2012
    The authorities in Nepal’s capital Kathmandu are working on widening the Kathmandu Valley road, a key project that has already seen the demolition of many structures along its boundary. The take-up of land has been eased by The Road Act, Nepal, which secures the roadside area of 25m on either side of the road on the National Highway.