Financial Assessment of Road Maintenance of Strategic Road Network: A Case Study of Road Board Nepal
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Pulchowk Campus
Abstract
Road Network is an important asset of a nation for economic and social development.
However, roads need to be in good condition to realize their whole contribution. The
Priority Investment Plan (PIP), 2012 has revealed that Nepal is losing the value of $1
billion dollars due to lack of road maintenance. Additionally, Accelerated Private and
Public Investment in Infrastructure Component (APPIIC) in 2017, has identified that
worsening state of road network is one of the eleven bottlenecks that inhibits
development in Nepal.
RBN was established in 2002 with the sole aim to prevent roads from deteriorating
with increased level of funding for maintenance, however, the telltale signs indicate
otherwise. Thus, the research was conducted for financial assessment of road
maintenance in Strategic Road Network (SRN). The research has evaluated the budget
needed, the funding allocated, and the resource gap faced every year has been
observed over the course of year.
In the absence of key intervention, the road asset will further deteriorate, and the
maintenance backlog will stack up higher. The research concludes that inadequate
funding for road maintenance could be one of the strong causes of lack of road
maintenance in SRN. The research also suggests possible measures to enhance
funding for road maintenance in SRN in Nepal.
Description
Road Network is an important asset of a nation for economic and social development.
However, roads need to be in good condition to realize their whole contribution.
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Citation
DEGREE OF MASTER IN TRANSPORTATION ENGINEERING