World Bank to fund Mechinagar road construction

KATHMANDU, JANUARY 7: The government is preparing to construct blacktopped roads at Shahidmarga and Suryodayamarga in Mechinagar under the ‘Urban Governance and Infrastructure Project’ supported by the World Bank.

Member of the House of Representatives, Bishwo Prakash Sharma said that the World Bank will invest Rs 1.03 billion for road construction which will help in the development of two important urban areas – Dhulabari and Kakadbhitta.

It may be noted that the Government of Nepal has already decided to implement the ‘Urban Governance and Infrastructure Project’ in 33 local units of seven provinces. In this connection, the World Bank signed an agreement to provide a concessional loan of USD 1.5 billion (around Rs 200 billion) to the Government of Nepal.

Nepali Congress (NC) general secretary and lawmaker from Jhapa constituency-1 Sharma shared the World Bank has provided a loan of USD 7.8 million (over Rs 1 billion) for the construction of two roads with a total length of 14 kilometres in Mechinagar of Jhapa constituency-1 under the project.

The roads will be constructed under the leadership of local governments. As per the agreement with the World Bank, both roads should be constructed by 15 July 2025.