Kathmandu: The National Planning Commission (NPC) has approved and entered 8,310 development projects into the National Project Bank (NPB) as part of the budget preparation process for Fiscal Year 2026/27, aiming to strengthen project planning, prioritization, and public investment management.
According to the commission, the projects were approved through the National Project Bank Management Information System (NPBMIS) before being included in the national budget framework.
Majority of Projects Are Study-Oriented
Of the total approved projects:
- 7,773 projects are related to feasibility studies, detailed project reports (DPRs), and other preparatory works.
- 404 projects are new development initiatives.
- 133 projects are ongoing projects submitted by government agencies for continued implementation.
The NPC stated that all approved projects were evaluated before being entered into the National Project Bank to ensure a more systematic and evidence-based approach to public investment planning.
Most Projects Cost Below Rs 1 Billion
The commission’s data show that the overwhelming majority of approved projects involve relatively modest investment.
Out of the 8,310 approved projects:
- 8,199 projects have an estimated investment below Rs 1 billion.
- Only 111 projects involve an estimated investment of more than Rs 1 billion, reflecting the government’s continued focus on a larger number of medium- and small-scale development projects alongside strategically important mega projects.
Additional Projects Under Review
The NPC said it is continuing to evaluate additional project proposals submitted by federal government agencies, indicating that more projects could be added to the National Project Bank following technical assessment.
According to the commission, project classification, evaluation, approval, and database management have been carried out in a systematic and phased manner through the Project Bank Management System.
Strengthening Public Investment Planning
The National Project Bank serves as the government’s central repository for development projects, helping ensure that only technically prepared and economically viable projects are included in the national budget.
The NPC believes the project bank system has improved transparency, strengthened project prioritization, and enhanced the efficiency of public investment by requiring projects to undergo technical screening before receiving budget allocations.
