ADB offering financial support of USD 305.75 million for upgradation of highways
Summary
The Asian Development Bank will provide $305.75 million to upgrade the East-West, Prithvi and Karnali highways in Nepal, including widening key sections and building a viaduct through the Tikauli forest. The project is expected to improve transport links, trade, road safety and wildlife movement.
Key Points
- ADB has approved $305.75 million in financial assistance, including a loan, grant and technical support, for highway upgrades in Nepal.
- The largest share will fund expansion of the Narayanghat-Hetaunda section of the East-West Highway, along with work on Mugling-Ambukhaireni and the Karnali Highway.
- A 2-km viaduct is planned in the Tikauli forest to reduce vehicle-wildlife collisions and preserve the biological corridor.
- ADB says the project will support regional trade, disaster-resilient infrastructure and biodiversity conservation.
