Nepal: Subregional Transport Enhancement Project
This loan and grant project will upgrade the country's road network to provide a north-south link between the North Eastern Region and the east-west highway, and improve major international trade corridors in the country in conjunction with the modernization of customs systems. The project will also strengthen the capacity of the road sector and customs authorities. The project seeks to boost the economy of the project areas and integrate them more effectively with their primary markets in India, and with markets beyond.
PROJECT DETAILS | ||
Commitment Date Funding Type Country Sector Status Total Cost |
4 Mar 2011 Loan/Grant Nepal Transport/Road Closed $75.90 million |
KEY OUTPUTS |
195 kilometers of road improved Increased capacity in preventing gender discrimination, child labor, HIV/AIDS and human trafficking Upgraded customs clearance systems |
FINANCING |
$49 million (Asian Development Fund) $26.9 million (Government of Nepal) |