Nepal: Subregional Transport Enhancement Project
The project aimed to improve connectivity of remote areas in Nepal and expanded capacity of major international trade corridors in conjunction with the modernization of customs systems, thereby enabling efficient and safe transport within the country and with India and, through India, with Bangladesh and Bhutan. At the request of the Government of Nepal, Asian Development Bank (ADB) approved a SDR6.2 million ($24.5 million equivalent) loan and a $24.5 million grant in October 2010, from its Special Funds resources for the Subregional Transport Enhancement Project. These financed the project covering road improvements, trade facilitation, and capacity development, including consulting services, which assisted with project development.
This report validates the completion report's assessment of the project. IED overall assessment: Successful.