World Bank to Support Road Construction in Mechinagar

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World Bank to Support Road Construction in Mechinagar

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 the 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 made a decision to implement 'Urban Governance and Infrastructure Project' in 33 local units of seven provinces. In this connection, the World Bank had 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 constieuncy-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 kilometers 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 the roads should be constructed by 15 July 2025. -- RSS  

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