KATHMANDU: Prime Minister KP Sharma Oli laid the foundation stone for the construction of Nagdhunga-Sisnekhola Tunnel Way amidst a programme held today at Totepakha of Chandragiri Municipality-1.

On the occasion, the Prime Minister unveiled a stone inscription based on the site.

The project to be implemented by a concessional loan (0.01 per cent) by the Japan International Cooperation Agency (JICA) is estimated to cost Rs 22 billion.

Of the total cost, Rs 16 billion will be provided by JICA as loan assistance and remaining Rs six billion will be managed by the government through internal source.

Around six billion rupees will be used to give compensation to the locals affected by the project. The deadline for completing the project is four years.