The Cabinet has approved a Memorandum of Understanding to be signed between India and Nepal for laying down implementation arrangement on Cost sharing, Schedules and Safeguard issues for starting construction of a new Bridge over Mechi River at Indo-Nepal border.<br/><br/>The estimated cost of construction of the bridge is 158.65 crore rupees, which would be funded by Government of India through ADB loan.<br/><br/>The new bridge is part of up-gradation of the Kakarvitta in Nepal to Panitanki Bypass in India on NH 327B covering a length of 1500 meters including a 6 lane approach road of 825 meters. Mechi Bridge is the ending point of Asian Highway 02 in India leading to Nepal and provides critical connectivity to Nepal.