Nepal | September 26, 2020

WB report highlights private sector solutions

Himalayan News Service
Share Now:

KATHMANDU: For Nepal, it is the right time to mobilise private sector solutions to close the infrastructure gap on the path to achieving the country’s growth aspirations, says the World Bank Group’s Nepal Infrastructure Sector Assessment report launched on Thursday on the sidelines of the Nepal Infrastructure Summit 2019.

The report assesses energy, transport and urban infrastructure sectors together with cross-cutting issues and recommends interventions that combine short-term and longer-term structural and policy changes with tailored project implementation approaches.

While public investment is integral, particularly in areas that require large investment, the report recommends creating a conducive environment for private sector participation.

The report provides a set of recommendations for each sector in areas of building institutional and regulatory environment, strengthening financial viability, increasing availability of long-term finance, developing an enabling environment for foreign investment, gender and social inclusion, among others, as per a media release.


A version of this article appears in print on September 13, 2019 of The Himalayan Times.


Follow The Himalayan Times on Twitter and Facebook

Recommended Stories:

More from The Himalayan Times:

Abiding by COVID-19 curbs, Australian school kids protest in opposition to gas

SYDNEY: Thousands of Australian students on Friday protested to demand investment in renewable-energy projects, though COVID-19 restrictions confined the events to small gatherings and online activism. About 500 protests were held across Australia, with other demonstrations expected worldwide o Read More...

India Cricket, Cricket, Anil Kumble, India coach

Punjab spinner Bishnoi lauds Kumble influence

Kings XI Punjab spinner Ravi Bishnoi hailed the influence of head coach Anil Kumble after he and fellow wristspinner Murugan Ashwin picked up three wickets each to beat Royal Challengers Bangalore by 97 runs in the Indian Premier League on Thursday. The Challengers boast batsmen of the calibr Read More...

One-Day International Series, India, Australia, Kane Richardson

Australia's Afghanistan test, one-day series v New Zealand postponed

MELBOURNE:  Australia's one-off test against Afghanistan and one-day series against New Zealand have been postponed to the 2021-22 season due to scheduling "complexity" during the COVID-19 pandemic, Cricket Australia (CA) said on Friday. Australia were to play their first home test against A Read More...

SKorean boyband BTS cancels October concert over coronavirus

SEOUL: K-pop boyband BTS cancelled on Friday a concert set for October in the South Korean capital of Seoul as authorities battle a stream of new coronavirus infections, imposing tougher curbs ahead of a surge in travel during a key autumn holiday. This month, BTS became the first Korean pop Read More...

AstraZeneca gets partial immunity in low-cost EU vaccine deal

EU states to pay part of legal bill in case of problems AstraZeneca got partial waiver for low vaccine price Sanofi not granted a cost cap as price is higher: source BRUSSELS: European governments will pay claims above an agreed limit against AstraZeneca over side-effects from its pot Read More...

Greta Thunberg and youth climate protests make a return

STOCKHOLM: Teenage environmental activist Greta Thunberg is back. She joined fellow demonstrators outside the Swedish Parliament on Friday to kick off a day of socially distanced global climate protests. "The main hope is, as always, to try to have an impact on the level of awareness and public o Read More...

South Korea govt proposes reforms in EPS regulations

SEOUL: The government of South Korea has presented a proposal in parliament through the Ministry of Labour to amend some points in the existing regulations to revise Employment Permit System (EPS) laws. As per the proposed laws, the worker who has changed the place of work can easily get re-emplo Read More...

Nepal Police Sub Inspector found dead in Darchula

DHANGADHI: A personnel of Nepal Police was found dead in Mahakali Municipality of Darchula district in the wee hours of Friday. The deceased has been identified as Sub Inspector (SI) Dhruba Rawal. SI Rawal was found unconscious on the floor of a hotel toilet at around 4am. He was rushed to the Read More...