Progress of national pride projects, which are currently under construction, remained satisfactory in the last fiscal year, with almost half of them being able to meet over 90 per cent of the ‘physical’ target set for the one-year period.
The report card of 21 national pride projects prepared by the National Planning Commission (NPC) shows that Lumbini Development Trust was the best performing project in the last
fiscal year, which ended on July 16.
The Trust, which is overseeing restoration of Lumbini Garden, the birthplace of Gautam Buddha, was able to meet 100 per cent of the physical as well as financial targets.
Another national pride project that has met 100 per cent physical target set for the last fiscal year was Bheri-Babai Diversion Multipurpose Project. However, the project, which aims to divert water from Bheri to Babai river to irrigate 60,000 hectares of land in Bardiya and Banke districts and generate about 400 giga-watt hour of electricity annually, was able to meet only 93 per cent of the financial target.
The project has so far awarded contract for construction of tunnel and initiated works related to social development and environment protection.
Another project which was able to perform well in the last fiscal was Mid-Hill Highway, which stretches from eastern to far-western part of the
country. It was able to meet 99 per cent of the physical as well as financial targets.
Around 60 km of the highway has been blacktopped, 32 km of the road segment has been gravelled and 13 bridges have been built along the highway, says the National Planning
Similarly, Babai Irrigation Project was able to meet 98 per cent of physical target and 99 per cent of financial target, while Ranijamara Kulariya Irrigation Project was able to meet 99 per cent of the physical target and 81 per cent of financial target set for the fiscal year.
On the other hand, the worst performing national pride project was Kathmandu-Tarai Fast Track, which was able to meet zero per cent of physical target and only three per cent of the financial target.
The government so far has been able to prepare a detailed project report of the fast track but has not been able to hand over the contract to begin construction works.
Similarly, the Second International Airport in Nijgadh was able to meet only 10 per cent of the physical target and one per cent of the financial target, making
it second worst national pride project in terms of performance in the last fiscal.
Among others, Pashupati Area Development Trust was able to meet only 29 per cent of the physical target and 29.2 per cent of financial target.
However, West Seti Hydroelectric Project located in the far- western region of the country has not provided update on its performance in the last fiscal year.
A version of this article appears in print on August 01, 2015 of The Himalayan Times.
KATHMANDU: International Commission of Jurists (ICJ), an international non-government organisation which works as advocate for justice and human rights, has called upon the Government of Nepal to undertake substantial reforms in order to ensure that the wide-ranging constitutional and political re Read More...
DHARAN: An industry has been held responsible for transmission of coronavirus at community level in Dharan Sub-metropolitan City of Sunsari district. Negligence on the part of Priti Valve and Fittings Industries Pvt Ltd located in the Industrial Area of Dharan-8 has been blamed for local Read More...
KATHMANDU: As many as 87 Covid-19 cases were reported in Kathmandu valley in the last 24 hours, the highest single day tally recorded yet. Of the 87 cases, 76 cases were identified in Kathmandu alone while Lalitpur reported ten infections. Only one case was detected in Bhaktapur district on Thurs Read More...
KATHMANDU: Five more fatalities related to the coronavirus infection have been reported today by the Ministry of Health and Population. This is the highest single-day deaths recorded in Nepal. A 45-year-old male from Rangeli Municipality-8 of Morang passed away on Wednesday, August 5. He had just Read More...
LONDON: Manchester City have signed defender Nathan Ake from Bournemouth on a five-year deal, the Premier League club announced on Wednesday. Financial details of the transfer were not disclosed but British media reported City paid Bournemouth 40 million pounds ($52 million) to sign the 25-year-o Read More...
KATHMANDU: Rajib Upadhya, a formal journalist and longtime development professional, has come out with a book that argues that the cabals and the cartels, the dark underbelly of the transitioning Nepal, will hollow out every prospect for the change that we are still pining for if they are left to th Read More...
NEW DELHI/MUMBAI: China's Vivo will not be the title sponsor of this year's Indian Premier League (IPL), the Indian cricket board (BCCI) said on Thursday, amid a growing backlash against Chinese companies in India. Smartphone maker Vivo had secured the IPL sponsorship rights for 2018-2022 for Read More...