CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Renewal of Gokarna resort lease agreement based on previous legal process: DPM Pokharel

CEO TAB by CEO TAB
December 27, 2019
in Prime News
0
Renewal of Gokarna resort lease agreement based on previous legal process: DPM Pokharel
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, December 27 : Deputy Prime Minister and Minister for Defence, Ishwor Pokharel, has informed the Parliament that a lease agreement with Gokarna Forest Resort was signed based on the legal process began from previous governments.

You might also like

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

In the meeting of the National Assembly held yesterday, DPM Pokharel also argued that the agreement was renewed as the per market price and for additional benefit to the state. The government decided to renew the agreement for 50 years as per the demand of Yeti Holdings, the resort operating company, when the resort started constructing new structures at a time when only five years is remaining regarding the agreement signed between the office of Nepal Trust and Yeti Holdings.

In the beginning, the agreement was signed with the company on April 18, 2009. The lease agreement was renewed as per the decision of Trust on February 9, 2014. Clarifying that he became the chairperson of the Trust as per the legal provision in the act of the Trust that a minister designated by the Prime could be the chairperson of the Trust, DPM Pokharel said, “It is good to make aware thinking something might go wrong. But we want hat real and fact things should come out on the issue. The remarks made relating the Prime Minister and me are false.

We have been making preparation to issue white paper regarding the agreement after sometimes.” He said that the proposal was presented at the cabinet on the basis of a report prepared taskforce formed by the Trust to review the agreement, saying the resort presented a proposal to extend the lease term for additional 30 years. DPM Pokharel further said that they also inquired information about faire market value evaluation and environmental aspect with Institute of Chartered Accountants of Nepal, Nepal Tourism Board and Gokarneshwor municipality.

He added that a process has begun to make record of Trust’s property more systematic. The lawmakers also made supplementary questions to be more clear regarding the DPM’s statement. Such type of question answer was practiced for the first time in the National Assembly.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

by CEO Tab
April 29, 2026
0
Nepal’s Second Economic Census to Begin on March 15

Nepal’s economy is projected to reach Rs 6.6 trillion by the end of the current fiscal year (FY), marking an increase of Rs 401 billion, according to preliminary...

Read more

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

by CEO Tab
April 29, 2026
0
Nepal trails behind many countries in 13 global indices

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4....

Read more

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

by CEO Tab
April 29, 2026
0
NPC directs to carry out a feasibility study of tunnel in Myagdi

National Planning Commission (NPC) member Dr Sanjay Acharya has said the upcoming Fiscal Year (FY) 2026/27 budget will focus on strengthening good governance and laying the foundation for...

Read more

Nepal Launches One-Stop Digital Service Center to Streamline Investment Process

by CEO Tab
April 29, 2026
0
Investment Board to approve investment worth $10 billion  in 5 years

The Investment Board Nepal (IBN) has introduced a one-stop service center aimed at making investment procedures easier and more accessible for potential investors. The board has launched an...

Read more

Nepal’s Capital Gains Tax from Share Trading Falls by 36%

by CEO Tab
April 27, 2026
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent...

Read more
Next Post
Cabinet okays public procurement (ninth amendment) regulations, 2076

Cabinet okays public procurement (ninth amendment) regulations, 2076

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.