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

  • Pakistan secures loans for the M4 Khanewal and Shorkot section
    June 16, 2016
    The China-based Asian Infrastructure Investment Bank and the Philippines-based Asian Development Bank will co-finance a 64km highway project between Khanewal and Shorkot towns in Punjab province of Pakistan. A report in Japan Today said that ADB had approved a €88.85 million loan for the project. AIIB will likely get board approval for its nearly €89 million this month. A grant for the project worth nearly €34 million is being extended by the UK’s Department of International Development. The Pakistan
  • Nepal highway subsidence problem causing traffic disturbance
    March 11, 2017
    Subsidence on a key stretch of highway in Nepal is causing major traffic disturbance. The BP Highway, also known as the Banepa- Sindhuli- Bardibas Road, has suffered subsidence on the Nepalthok-Khurkot stretch. The collapsed section measures 27m long and is causing delays for drivers. This Highway is an important route as it connets Nepal’s capital Kathmandu with Eastern Terai. Vehicles have been diverted to an alternative route, although part of the roadway is still being used to carry traffic in one d
  • US$352 million loan for Cameroon road
    January 15, 2025
    A US$352 million loan will help pay for a Cameroon road project
  • Planned Papua New Guinea highway project
    July 24, 2020
    The cost of a planned Papua New Guinea highway project has been revealed.