Nepal | May 28, 2020

NC unveils five-year development roadmap

Rastriya Samachar Samiti
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Kathmandu, December 4

The Nepali Congress has unveiled a five-year roadmap for the country’s socio-economic development.

The roadmap presented on the eve of the second phase of provincial and parliamentary elections has set the target of completing the under-construction projects of national pride and those in the implementation phase within the next five years.

The plan focuses on widening the East-West Highway to a minimum of six lanes, operation of a postal highway within the next three years, import of agro and meat products and cash crops like tea, coffee and ginger, achievement of double-digit economic growth by the next five years with investment promotion and implementation of the concept of Special Economic Zone.

Revision of laws to build an investment atmosphere for foreign investors, promotion of hydropower sector, conservation of heritage sites, commercialisation of agriculture, proper and productive utilisation of remittance and creation of sufficient employment opportunities at home to discourage youths from going abroad in search of jobs are others priorities.

The party has also proposed to construct the Karnali Highway, Mid-hill highway and smart cities adjacent to these highways. It is of the view that construction of five north-south (China-Nepal-India) fast tracks to promote export of domestic products would contribute to the economic development of the nation. The roadmap has insisted on the need to come up with the concept of satellite and smart cities so as to prevent the possibility of unsystematic urbanisation in inner cities of the Kathmandu Valley during the construction of the outer ring road.

The party has pledged its significant role in the acceleration of the construction of Nijgadh, Pokhara and Bhairahawa international airports.

Meanwhile, the party has stated that the liberal and open market economic policy adopted by the NC-led government in the 1991 has contributed a lot in reforming the country’s socio-economic sphere.

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A version of this article appears in print on December 05, 2017 of The Himalayan Times.


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