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Nepal plans Rs 1 trillion infrastructure tenders next year under three-year development strategy

KATHMANDU: Minister for Physical Infrastructure and Transport Development Sunil Lamsal has unveiled an ambitious three-year infrastructure strategy, announcing plans to issue contracts worth Rs 1 trillion in the upcoming fiscal year despite a ministry budget of only Rs 286 billion. Responding to lawmakers during discussions on the national budget...

Nepal plans Rs 1 trillion infrastructure tenders next year under three-year development strategy
Minister orders officials to ‘Break contractors’ legs’ if work stalls, Sparks controversy

Minister orders officials to ‘Break contractors’ legs’ if work stalls, Sparks controversy

Cement prices drop by Rs 200 per bag, Rebar falls Rs 29 per Kg as construction slows; Bitumen shortage deepens

Cement prices drop by Rs 200 per bag, Rebar falls Rs 29 per Kg as construction slows; Bitumen shortage deepens

Government prepares ‘Sunset Law’ to remove legal barriers in infrastructure development

Government prepares ‘Sunset Law’ to remove legal barriers in infrastructure development

Finance Minister Wagle defends budget 2083/84, Says new taxes will fund education reform and infrastructure

Finance Minister Wagle defends budget 2083/84, Says new taxes will fund education reform and infrastructure

Rs 286 Billion Allocated for Road and Urban Infrastructure Development

Rs 286 Billion Allocated for Road and Urban Infrastructure Development

Govt to establish ‘Infrastructure Tribunal’ to fast-track disputes over contracts, Land acquisition and compensation

Govt to establish ‘Infrastructure Tribunal’ to fast-track disputes over contracts, Land acquisition and compensation

Govt to mobilize alternative development finance for major public infrastructure projects

Govt to mobilize alternative development finance for major public infrastructure projects

Govt brings bank collateral release services closer to citizens, Expands land administration to local levels

Govt brings bank collateral release services closer to citizens, Expands land administration to local levels

Govt panel proposes ‘Fast-track infra benches’ and special tribunal to end court delays in development projects

Govt panel proposes ‘Fast-track infra benches’ and special tribunal to end court delays in development projects

80,000 Nepali workers at risk as Saudi Arabia’s $9 Trillion NEOM Megacity faces massive scale-back and uncertainty

80,000 Nepali workers at risk as Saudi Arabia’s $9 Trillion NEOM Megacity faces massive scale-back and uncertainty

Nepal unveils sweeping reform agenda for 2083/84, Promises tax cuts, Jobs and digital transformation

Nepal unveils sweeping reform agenda for 2083/84, Promises tax cuts, Jobs and digital transformation

MCA-Nepal begins 40km Mahendra Highway upgrade with US-backed investment

MCA-Nepal begins 40km Mahendra Highway upgrade with US-backed investment

Nepal and China sign agreement for second phase of ring road expansion in Kathmandu

Nepal and China sign agreement for second phase of ring road expansion in Kathmandu

Nagdhunga Tunnel nears trial phase; Commercial operations targeted from next FY

Nagdhunga Tunnel nears trial phase; Commercial operations targeted from next FY

RSP lawmakers join budget lobbying rush, Ministries see surge in project requests

RSP lawmakers join budget lobbying rush, Ministries see surge in project requests

Finance Minister Wagle announces end of ‘Elite Business Control’ over state mechanisms, vows to complete reform

Finance Minister Wagle announces end of ‘Elite Business Control’ over state mechanisms, vows to complete reform

Nepal’s real estate market rebounds with strong transaction growth but structural risks persist: NRB report

Nepal’s real estate market rebounds with strong transaction growth but structural risks persist: NRB report

Govt clears 18,898 trees and 46.39 hectares of forest land to accelerate Kathmandu–Terai Fast Track Project

Govt clears 18,898 trees and 46.39 hectares of forest land to accelerate Kathmandu–Terai Fast Track Project

Construction material prices surge as output falls, Hydropower and infrastructure projects hit

Construction material prices surge as output falls, Hydropower and infrastructure projects hit

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