Roads and Highways

Nepal Adb Funds Tender

๐Ÿ“„ Tender ID: 489911842 ๐Ÿ“… Published: 16 Jun 2023

๐Ÿ“‹ Tender Overview

The Asian Development Bank (ADB) has approved a $100 million concessional loan from ADBโ€™s ordinary capital resources for the additional financing of the ongoing Rural Connectivity Improvement Project that is upgrading rural roads and enhancing rural communitiesโ€™ access to markets in Nepal.

โ€œAs a landlocked country, upgrading and connecting rural roads to core road networks is essential to improving living conditions in rural areas and Nepalโ€™s economic growth,โ€ said ADB Principal Rural Development Specialist for South Asia Andrew Brubaker. โ€œThis project is helping improve transport efficiency in rural areas and plays a catalytic role for rural areas transformation.โ€

The ongoing project, approved in December 2017, has been upgrading rural roads to boost agriculture and agribusiness development. It is improving road access to about 7.5 million people in 16 districts in 5 states that are heavily dependent on agriculture.

The additional funding will upgrade 324 kilometers of provincial roads with the same all-weather standards and safety features used in the 5 provinces in the ongoing project. It will also support the countryโ€™s transition to federalism by shifting project implementation responsibilities to the provinces and strengthening the technical capacity of the Department of Local Infrastructure, provincial governments, and selected district-level infrastructure agencies. Capacity building is expected to prepare local authorities for providing devolved road management services .

ADB will provide an additional $1 million technical assistance grant from its Technical Assistance Special Fund to support project implementation and institutional strengthening.

ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Established in 1966, it is owned by 68 membersโ€”49 from the region.

๐Ÿ” Key Information

๐Ÿ“„
Tender Reference No.
489911842
๐Ÿ“…
Publication Date
16 Jun 2023
๐ŸŒ
Sector
Roads and Highways
๐Ÿ“
Notice Type
News
๐Ÿ“
Location
Nepal

๐Ÿ“ Documents & Downloads

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๐Ÿงญ Quick Facts

Authority N/A
Country Nepal
State / UT N/A
Tender Type Procurement News
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