Transportation connects people and markets. More efficient transport reduces shipping time and the cost of moving goods throughout South Asia.
Our work includes improving highways, inland waterways, rail border posts, and ports along key regional corridors as well as related logistics services. We want to help transform transportation corridors into broad economic corridors that bring more economic opportunities, especially to poor and underserved people.
June 26, 2020 - Bangladesh will move closer to becoming a transit hub bridging South Asia and Southeast Asia with a new project to improve outdated roads used by more than 20 million consumers, farmers, and businesses.
June 10, 2020 – The World Bank approved a project to help Nepal improve roads and boost cross-border trade during its COVID-19 economic recovery. The project is part of the Eastern Corridor Connectivity Program in Bangladesh, Bhutan, India, and Nepal.
March 27, 2020 - The World Bank Board approved a $500 million project to build safe and green highways in India's Rajasthan, Himachal Pradesh, Uttar Pradesh and Andhra Pradesh states. The new roads will provide seamless connectivity and reduce logistics costs.
Feb 20, 2020 - Road safety investments in Bangladesh, Bhutan, India, and Nepal need to focus on regional trade corridors that carry heavy traffic of all types on narrow lanes, limited or no shoulders, and inadequate footpaths and crossings.
Jan 16, 2020 - The Government of India, Government of Assam and the World Bank today signed a loan agreement of $88 million to help modernize Assam’s passenger ferry sector that runs on its rivers including the mighty Brahmaputra.
Feb 20, 2020 - Bangladesh, Bhutan, India, and Nepal could halve road crash fatalities by investing $118 billion in road safety over the next decade. Such an investment would also bring $1.2 trillion in annual benefits, according to a World Bank report.
Nov. 13, 2019 - More efficient logistics would help Bangladesh boost exports, create jobs, and maintain its position as a leading ready-made-garment producer. Congested seaports and roads and inadequate infrastructure threaten economic growth.
August 10, 2018 - Transport corridors often generate wider economic benefits. This report offers an appraisal methodology to examine competing proposals and select corridors with the greatest benefits.
Sept. 19, 2018 - Potential trade within South Asia has been held back by tariffs and paratariffs, real and perceived nontariff barriers, connectivity costs, and a lack of trust among neighboring countries.
Oct. 31, 2016 - Better logistics at South Asian ports could increase trade, diversify exports, and attract more foreign direct investment. This report suggests that improvements will need more private sector participation and stronger governance by port officials.