world bank approves 55m to strengthen nepals roads and bridges
Last Updated : GMT 09:03:51
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Last Updated : GMT 09:03:51
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World Bank Approves $55m to Strengthen Nepal's Roads and Bridges

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Almaghrib Today, almaghrib today World Bank Approves $55m to Strengthen Nepal's Roads and Bridges

World Bank
Washington - QNA

The World Bank approved a credit of US$ 55 million for the Government of Nepal to scale up its Road Sector Development Program and address post-earthquake reconstruction needs, including the strengthening of the country’s strategic road and bridge network to withstand future seismic and climate vulnerabilities.

    The additional financing will top up World Bank support to the Roads Sector Development Project (RSDP) which has been ongoing since 2008, world bank press release said.

    When it began, the project intended to provide residents in 10 beneficiary districts, including the poorest, in the mid-western and far-western regions of Nepal with all-season road connectivity, reduced travel time, and improvements in access to economic centers and social services.

    With the additional financing, 25 more districts stand to benefit from the maintenance of earthquake-affected bridges. The original 10 districts will also continue to benefit from road upgrading, slope stabilization and bridge works.

    RSDP currently serves a population of 2 million in 10 districts in the mid-western and far-western regions of Nepal. The project will serve another 10.2 million Nepalis following the maintenance of earthquake affected bridges in the 25 additional districts.

    The bridges that will undergo maintenance in these districts provide connectivity along the Birgunj-Narayanghat-Mugling-Kathmandu corridor which carries the vast majority of freight into and out of Kathmandu and Pokhara. This corridor is among Nepal’s most vital infrastructure assets for supporting economic growth and development. 

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