ADB approves loan for 160km of road projects in Nepal
Sector: Road • Location: Nepal
Source: Highways Today
The Asian Development Bank (ADB) has approved a $186.8 million loan to upgrade 160 kilometres (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity. The project aims to support the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country, benefiting 673,000 people in the Terai area with bett
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Description
Description | The Asian Development Bank (ADB) has approved a $186.8 million loan to upgrade 160 kilometres (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity. The project aims to support the government’s plans to further develop Nepal’s infrastructure and connectivity within and outside the country, benefiting 673,000 people in the Terai area with better access to schools, hospitals, jobs, and markets. The road improvements will also focus on incorporating flood control and drainage designs to address climate change challenges. |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Budget | 000000000000000 |
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Data quality score | 100% |
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