MoF willing to arrange required credit Kathmandu, August 11 The Ministry of Finance (MoF) has expressed willingness to arrange required credit for the development of the Fast Track project, on condition negotiations with the developer conclude in favour of Nepal. “We are ready to... 12 Aug, 2015
Govt�s attention drawn towards cable car project KATHMANDU, August 7 The Public Accounts Committee under the Legislature-Parliament has drawn the attention of the authority concerned not to allow construction of a cable car project in Basundhara Park near Lakeside in Pokhara. The proposed Rs... Travel 08 Aug, 2015
PAC concerned over Pokhara cable car project KATHMANDU: The Public Accounts Committee (PAC) under the Legislature-Parliament has drawn attention of the concerned authority not to allow construction of a cable car project in Basundhara Park, Lakeside in Pokhara. The proposed Rs 1.3-billion... 07 Aug, 2015
Sub-committee to probe Fast Track details Kathmandu, August 5 The Finance Committee of the Legislature-Parliament has formed a seven-member sub-committee to conduct a study of the Kathmandu-Tarai Fast Track road project. It has been mandated to look into the financial, physical and... 06 Aug, 2015
Increasing the number of taxis brings forth different viewpoint Kathmandu Having overlooked the problem of shortage of taxis in Kathmandu valley for more than a decade, the government is finally preparing to add 2,850 new taxis in phases to the existing 5,600 units. The question in consumers minds is just why... 04 Aug, 2015
MoPIT holds stance on Fast Track bidder selection Kathmandu, July 30 The controversy surrounding the selection of the bidder for the Kathmandu-Tarai Fast Track road seems to be getting uglier, as Minister for Physical Infrastructure and Transport Bimalendra Nidhi today said that those against the... 31 Jul, 2015
Fast Track road project runs into controversy Kathmandu, July 29 The government’s preparations to award the contract of the Kathmandu Tarai Fast Track road to an Indian consortium has been criticised by former prime minister and senior UCPN Maoist leader Baburam Bhattarai and other lawmakers.... 30 Jul, 2015
Tripureshwor-Kalanki-Nagdhunga road widening to begin Kathmandu, July 21 The widening of Tripureshwor-Kalanki-Nagdhunga road, a crucial section of strategic road networks (SRN) in Kathmandu Valley will start this fiscal year. The contractor selection process has reached the final stage, according to... 22 Jul, 2015
Negotiations on Fast Track under way Kathmandu, July 20 The government has started negotiations with Indian bidder regarding financial aspects of the Kathmandu-Tarai Fast Track road. Following the negotiations — likely to be completed within a week — the government will conclude... Travel 21 Jul, 2015
FCGO set to implement NEPSAS system this fiscal KATHMANDU, July 19 The Financial Comptroller General Office (FCGO) — government agency responsible for treasury operation and internal audit of the government — is preparing to implement the Nepal Public Sector Accounting Standards... 20 Jul, 2015
Road, transport budget to go up by over 50pc KATHMANDU, July 11 The government is increasing the budget allocated to the road and transport sector by at least 50 per cent next fiscal year. The Ministry of Physical Infrastructure and Transport (MoPIT) has said it is being allocated over Rs... 12 Jul, 2015
East-West Highway to be widened KATHMANDU, July 9 The ageing East-West Highway, the lifeline of the country, will start getting a new look gradually from the next fiscal year. The government is preparing to upgrade it to four lanes from the existing two lanes to cater to the... 10 Jul, 2015