After twenty-two years of the existence of Nepal India Integrated Mahakali Treaty, finally the Indian side has taken the lead to construct the main canal of Mahakali Irrigation Project under the Treaty.
The Investment Board of Nepal (IBN) and the CW Investment under the Chinese Three Gorges held talks on forging agreement on beginning the West Seti hydropower project.
The Nineteenth Session of the BIMSTEC Senior Officials’ Meeting successfully concluded today, considering the report of the Secretary General and reviewing the progress made under different agreed areas of cooperation under the BIMSTEC.
A fleet of 17 new high-tech, low-emission buses to help reduce congestion and pollution in the capital city of Kathmandu has been rolled out as part of a project funded by the Asian Development Bank (ADB).
Finance Minister Dr. Yuba Raj Khatiwada has underscored the need of more cooperation from various sectors for Nepal's graduation to a developed country status from the least-developed country status by 2022.
Minister for Physical Infrastructure and Transport Raghubir Mahaseth has stated that the Detailed Project Report (DPR) for the construction of a tunnel in Koteshwor would be prepared within a year in view of reducing traffic congestion in one of the busiest thoroughfares of the Capital City- Koteshwor.
Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari has asserted that the construction of Pokhara Airport will not be halted in any manner.
The work of blacktop of the much-hyped Narayanghat-Muglin road section was completed. Information Officer of Narayanghat-Muglin Road Project, Engineer Shiva Khanal, said that the first phase of the blacktop of 33.2 kilometres road was completed last midnight.
Faris Hadad-Zervos, the World Bank’s new Country Manager for Nepal, arrived in Kathmandu today to take up his position. Hadad-Zervos, an American national, joined the Bank in 2001 in the Middle East and North Africa Region.