Nepal embarks on US$100m Road Improvement Project with World Bank Support In a landmark move, the Government of Nepal has inked a deal with the World Bank, securing a US$100 million concessional loan from the International Development Association (IDA). This funding is poised to transform Nepal’s...
DJI celebrates the first Drone Delivery Flight on Mount Everest DJI has teamed up with Nepalese drone service company Airlift, video production company 8KRAW, and Nepalese certified mountain guide Mingma Gyalje Sherpa, to fly the world’s first successful delivery drone trials on Mount Everest (Mou...
The Himalayan Marvel – China’s Grand Railway Ambition In the heart of the Himalayan region, where China’s Tibet meets the borders of Pakistan, India, Nepal, Bhutan, and neighbouring nations, lies the awe-inspiring grandeur of the world’s highest mountain range, the Himalayas. Wit...
World Bank $275m initiative to Elevate Transport and Trade in Nepal The Government of Nepal, in partnership with the World Bank, has ushered in a new era of development with the unveiling of the Accelerating Nepal’s Regional Transport and Trade Connectivity (ACCESS) Project. Pioneering a transformation...
Mount Everest Measurement Expedition uses GSSI Ground Penetrating Radar GSSI, the world’s leading manufacturer of ground penetrating radar (GPR) equipment, announces that its SIR 4000® high-performance GPR system was used by Nepali surveyors and mountaineers who climbed to the top of Mount Everest as pa...
ADB funds $60m Electricity Grid modernization project in Nepal The Asian Development Bank (ADB) has approved a $60 million loan as additional support for the ongoing Electricity Grid Modernization Project that is upgrading power transmission and distribution systems in Nepal. The ongoing project, approv...
World Bank and Government of Nepal launch $150m infrastructure projects The Secretary of Ministry of Urban Development in Nepal, Dr. Ramesh Prasad Singh, and Lada Strelkova, World Bank Operations Manager for Maldives, Nepal, and Sri Lanka jointly launched the four year Nepal Urban Governance and Infrast...
ADB funds $195m for improvements to trade corridors in Nepal The Asian Development Bank (ADB) has approved a $195 million loan to improve the highway between Pokhara and Mugling in Nepal, which links Pokhara to Kathmandu and to the sub-regional corridors that connect Nepal with India and Bangladesh. “Th...
Finnish companies to collaborate to design a sustainable urban area in Nepal Finnish companies will collaborate to design a new urban area for more than half a million inhabitants of Kathmandu Valley in Nepal, in accordance with the principles of sustainable development. Rapid population growth and envi...
ADB providing US$180 Million to Improve Nepal’s Mahendra Highway The Board of Directors of the Asian Development Bank (ADB) has approved a loan of $180 million to support improvements to Nepal’s East–West Highway, the country’s main domestic and international trade route also known as the Mahendra...
Infrastructure upgrade essential for Asia to continue growth Infrastructure is essential for development. Roads, railways, ports and power supplies have helped drive Asia’s growth, allowing its people to get to work and its products to reach markets. For this momentum to continue, the region’s existing...
The Asian Development Bank (ADB) has approved a $186.8 million loan to upgrade 160 kilometres (km) of Nepal’s strategic road network and improve the country’s domestic and regional transport connectivity. “This project supports the government’s plans to further develop Nepal’s infrastructure and connect...
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