Government agencies, contractors fail to contribute to CEF KATHMANDU: The Construction Entrepreneurs’ Fund (CEF), set up 16 years ago to assist in the capacity building of contractors, is witnessing low contribution each year. Although Construction Business Regulation 2000 makes it mandatory for... 21 Jun, 2015
MoF clears new number plate plan KATHMANDU: The long pending plan of the government to apply embossed number plate system for vehicles is likely to start from next fiscal year. The Ministry of Finance (MoF) gave a go-ahead to the project recently, clearing the way to call a global... 15 Jun, 2015
Panel suggests govt to add 2,350 taxis KATHMANDU: After a 15-year hiatus, the government is preparing to take a decision to add new taxis. A committee formed to recommend the Ministry of Physical Infrastructure and Transport (MoPIT) about permitting registration of taxis has... 12 Jun, 2015
Govt instructed to stop allowing construction of new houses KATHMANDU: Development Committee of the Legislature-Parliament has directed the government to immediately stop allowing any individual to build personal physical infrastructure, including houses. It said that the ban should remain in place until there... 10 Jun, 2015
World Bank extends assistance of $7.47bn for road safety project KATHMANDU: The World Bank Group (WBG) has agreed to extend grant assistance worth $7.47 million to Nepal from the Global Road Safety Phase-II Multi-Donor Trust Fund (MDTF), that is administered by the WBG. The grant assistance will be spent on... 10 Jun, 2015
World Bank to provide Rs 763.80 mln for road safety project KATHMANDU: The World Bank, acting as administrator of the Global Road Safety Phase 2 Multi-Donor Trust Fund, has agreed to provide USD 7.47 million (Rs 763.80 million) grant assistance to Nepal for the implementation of the road safety support... 09 Jun, 2015
National pride projects to face resource crunch KATHMANDU: National pride projects that are already facing criticism for not being able to give good progress result, are likely to face a problem in giving continuity to ongoing construction works. This emerged as a major concern as the government is... 08 Jun, 2015
Quake cracks 3 bridges KATHMANDU: Although a study carried out by engineers after the Gorkha Earthquake shows that there was no any huge damage to the concrete bridges across the country, some damages have been seen on the Larcha bridge over the Bhotekoshi River and two... Travel 05 Jun, 2015
