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Nepal Multimodal Transit Project
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CREDIT AMOUNT: IDA-US$23.5 million equivalent
PROJECT DESCRIPTION: For this project, known locally as the "dry port" project, part of the funds will be used to set up an Inland Container Depot for containerized rail freight movement to Birgunj as well as to upgrade facilities for road-based containerized cargo at the Bhairawa and Biratnagar depots. The project intends to reduce transport costs associated with Nepal's imports and exports. It also aims to streamline trade and transit procedures and to improve the efficiency and organization of transit trade documentation and data exchange. The private sector will be responsible for operating all three depots and will also be represented on the regulatory board. The project is expected to be completed by 2002. For more information, please call Zita Lichtenberg at (202) 458-7953 or fax at 522-0321. |
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| For more information, please visit the Projects website. |
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