In the Budget Speech of the Fiscal Year 2078-79, Finance Ministry has allocated a total of 163.37 billion for the development of transportation infrastructure in Nepal.
Finance Minister Bishnu Prasad Poudel has mentioned that the budget will be spent on the construction of necessary infrastructure to increase the use of road networks, railways, and electric vehicles.
The allocated budget will be employed on the Expansion and upgrading of major highways, construction of strategically important roads connecting China, completion of 300 new bridges, construction of flyovers and tunnels in urban areas, construction of signature arch bridges, technology management of the Department of Transportation, construction of railways, development of water transport.
Moreover, the new budget also states the operation of 100 Electric Buses and the construction of 500 new charging stations across the Valley.
