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Provincial and Local Roads Improvement Program - Phase 1

Abstract*

The development objective of the First Phase of the Provincial and Local Roads Improvement Program Project for Nepal is to enhance inclusive connectivity, efficiency, resilience, and safety of the selected provincial and local road network and strengthen the capacity of the federal government, participating provinces, and participating local levels. The project comprises of five components. The first component, enhancing efficiency and resilience...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The objective of the Project is to enhance inclusive connectivity, efficiency, resilience, and safety of the selected provincial and local road network and strengthen the capacity of the federal government, Participating Provinces, and Participating Local Levels.

Key Details

Project Details

  • P171836

  • Active

  • Reenu Aneja , Deepak Shrestha

  • Nepal

  • Nepal

  • September 30, 2022

  • (as of board presentation)

    February 29, 2024

  • N/A

  • US$ 120.00 million

  • Department of Local Infrastructure (DoLI),Ministry of Urban Development (MoUD)

  • South Asia

  • 2024

  • US$ 100.00 million

  • N/A

  • March 3, 2024

  • July 15, 2029

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 24.00
Borrower/Recipient 28.00
IDA Shorter Maturity Loan (SML) 76.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 100.00
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 120.00

Summary Status of World Bank Financing (US$ Millions) as of February 28, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of February 28, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Feb 29, 2024 IDA-75100 Loan Commitment 76,000,000.00
Feb 29, 2024 IDA-75090 Loan Commitment 24,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Progress towards achievement of PDO Satisfactory 2024-12-19
Project Management Satisfactory 2024-12-19
Monitoring and Evaluation Satisfactory 2024-12-19
Procurement Moderately Satisfactory 2024-12-19
Financial Management Moderately Satisfactory 2024-12-19
Overall Implementation Progress (IP) Satisfactory 2024-12-19

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.