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World Bank Approves USD 150m Financing for Nepal’s Bridge Program

The Board of Executive Directors of the World Bank has authorized a substantial financing package for Nepal's third Bridges Improvement and Maintenance Program (BIMP-III) on Sunday, totaling an investment of USD 150 million.

The image have flags from different countries that are in partnership with world bank.
Laxmi Bhujel

Laxmi Bhujel

March 30, 2025

Kathmandu, Nepal

The Board of Executive Directors of the World Bank has authorized a substantial financing package for Nepal's third Bridges Improvement and Maintenance Program (BIMP-III) on Sunday, totaling an investment of USD 150 million.

By strengthening Nepal's bridge infrastructure's resilience and durability within the Strategic Road Network, this funding seeks to provide improvement on safer and more dependable transportation over the nation's varied and challenging terrain.

Nepal's bridge network is crucial for providing access to essential services like healthcare, education, and economic opportunities for both urban and rural communities. Hence, this act of the world bank will be proven helpful to all the local citizens living in challenging terrain with lack of transportation bridge.

Floods, landslides, earthquakes, and other climate-related disasters have had a significant impact on the bridge system, underscoring the significance of this program in mitigating vulnerabilities and enhancing the sustainability of infrastructure.

Laxmi Bhujel

Laxmi Bhujel

    Passionate about writing personalized opinions on different topics, analyze the national issues based on facts, creative and productive personnel.

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