The Asian Development Bank will provide a150 million USD loan to Nepal to improve its urban infrastructure.<br/>'<br/>Official sources said, Shankar Prasad Adhikari, Secretary at the Ministry of Finance, and ADB country director Mukhtor Khamaudkhanov signed the agreement for investment that will cover eight municipalities located in southern Terai and far west of Nepal.<br/>'<br/>The project will be completed within five years and is expected to enhance urban infrastructure in the Terai region, reduce the flooding duration to less than an hour in its eight municipalities.<br/>'<br/>Earlier, the ABD said it will provide USD 152 million to Nepal for the implementation and enhancement of its power transmission and distribution.