Second Bridges Improvement and Maintenance Program (WB-P161929)

Countries
  • Nepal
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 26, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Nepal
The holder of the loan, grant, or other investment.
Sectors
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 133.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 196.01 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ WB website

Updated in EWS Nov 26, 2018

Disclosed by Bank Jan 1, 2013


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Project Description

According to the bank documents, the project objective is "to provide safe, resilient, and cost-effective bridges on Nepal's Strategic Roads Network. The project is a 'hybrid' operation, which includes both Program-for-Results (PforR) and Investment Project Financing (IPF) components. Developing and/or maintaining bridge infrastructure in the Strategic Roads Network under the Bridge Branch, as set forth in the Bridge Policy and Strategy, including: (a) providing road safety upgrades on existing bridges; (b) constructing new bridges; (c) completing bridges under construction; (d) major bridge maintenance; and (e) carrying out bridge designs, site assessments, feasibility studies, quality monitoring,environmental and social impact management, and providing logistics support, for the Program, as required for the preparation and supervision of civil works."

Investment Description
  • World Bank (WB)

Co-financing:
Borrower US$ 63 million

Contact Information
World Bank
Dominic Pasquale Patella
Sr. Transport Specialist
Tel: +1 (202) 458 4619
Oceane Keou
Transport Specialist
Tel: +1 (202) 473 7130
Email: okeou@worldbank.org

Borrower
Mr.Shreekrishna Nepal
Joint Secretary, International Economic Cooperation Coordination Division
Tel: +977 4211837
Email: ieccd@mof.gov.np

Implementing Agencies
Mr.Rabindra Nath Shrestha
Director General, Department of Roads
Tel: +977 15529075

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx .