First Business News Portal in English from Nepal
KATHMANDU: Prime Minister Sher Bahadur Deuba has inaugurated the country’s first-ever dry port at Chobhar amidst a program yesterday. The dry port was constructed to facilitate the country’s international trade.
On the occasion, he expressed the confidence that the construction of Nepal’s first dry port would be a milestone in developing the federal capital Kathmandu as an international trade hub. It would surely play a special role in facilitating export-based trade and the availability of a one-stop service including customs screening and quarantine would reduce costs and help the administrative process, the prime minister explained.
PM Deuba further claimed that the dry port would promote export by facilitating trade and enhancing transparency.
The dry port is expected to further ease the trade through Kathmandu and make the trade of goods and services competitive and effective by reducing the costs involved in the export.
The dry port was constructed at the cost of Rs1.54 billion, a loan from the World Bank.
A 35,000 square feet parking area has been constructed for a total of 500 containers and 500 trucks. The dry port has three buildings that will have customs, quarantine facility, security, three warehouses, stuffing and stuffing shed [storage], three weighing machines, an electric sub-station and boundary lights.
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