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."
Borrower US$ 63 million
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