WASHINGTON, June 10, 2020 – The World Bank Board of Executive Directors today approved financing for the following project:
Nepal: Strategic Road Connectivity and Trade Improvement Project
IDA Credit: US$ 450 million
Terms: Maturity = 38 Years, Grace = 6 Years
Project ID: P170409
Project Description: The Strategic Road Connectivity and Trade Improvement Project aims to improve the efficiency and safety of select transport infrastructure, improve the efficiency of cross-border trade, and strengthen capacity for Strategic Road Network management in Nepal.