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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A highly-placed source at the Ministry of Finance told New Business Age that the government is preparing to sign an agreement with the World Bank within a month to seek support to upgrade the Nagdhunga-Mugling road section. The upgrading works will begin from January, according to the source.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A highly-placed source at the Ministry of Finance told New Business Age that the government is preparing to sign an agreement with the World Bank within a month to seek support to upgrade the Nagdhunga-Mugling road section. The upgrading works will begin from January, according to the source.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A highly-placed source at the Ministry of Finance told New Business Age that the government is preparing to sign an agreement with the World Bank within a month to seek support to upgrade the Nagdhunga-Mugling road section. The upgrading works will begin from January, according to the source.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">A highly-placed source at the Ministry of Finance told New Business Age that the government is preparing to sign an agreement with the World Bank within a month to seek support to upgrade the Nagdhunga-Mugling road section. The upgrading works will begin from January, according to the source.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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November 1: The World Bank has pledged a loan of Rs 20 billion to Nepal for road upgrading projects.
The loan assistance for Nagdhunga-Mugling road upgrading project and Dhalkebar-Pathlaiya road section of the East-West Highway is in the final phase of agreement, according to government officials.
The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.
The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.
A highly-placed source at the Ministry of Finance told New Business Age that the government is preparing to sign an agreement with the World Bank within a month to seek support to upgrade the Nagdhunga-Mugling road section. The upgrading works will begin from January, according to the source.
The Department of Roads is preparing to issue a tender after the agreement within a month, the source added. The government intends to complete upgrading the 93-kilometre road within three years.
The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The department said that they will adopt a new approach to lessen traffic congestion in this road section. Vehicles have been stuck in traffic jam in Nagdhunga area due to the use of heavy cargo vehicles along this route. The road section is narrow and inclined, leading to traffic congestion in case any vehicle breaks down.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The Ministry of Finance has confirmed that the World Bank will be providing Rs 20 billion loan for these two projects.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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<p><span style="font-size:11pt"><span style="font-family:Calibri,sans-serif">The government had some years ago decided to upgrade the East-West Highway into four lanes. The Asian Development Bank has already initiated the process to support upgrading Narayanghad-Butwal section of the East-West Highway while the World Bank has pledged to support the Dhalkebar-Pathlaiya section.</span></span></p>
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