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16 Oct 2017

Nepal: Road Connectivity Sector I Project

In 2006, the Board of Directors of the Asian Development Bank (ADB) approved a $55.2 million grant to help finance the $80 million Road Connectivity Sector I project. The project was to construct or upgrade 10 roads and one bridge—the first phase of the works planned under the 10-year midterm program, with the remainder planned for subsequent projects. The project was the first sector loan modality approved for Nepal's transport sector.

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