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

ICP construction begins in Bhairahawa after 18 years of hold

CEO Tab by CEO Tab
March 8, 2023
in Prime News
0
ICP construction begins in Bhairahawa after 18 years of hold
76
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The construction of the integrated check post (ICP) in Bhairahawa, which has been put on hold for the past 18 years, has started after the Nepali authorities finalized the land acquisition towards the Nepal side of the border.

You might also like

Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

NEA forms task force to ensure uninterrupted power supply this winter

Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

According to the Ministry of Industry, Commerce and Supplies, the government handed over the acquired land to the Indian side for construction of the ICP. The infrastructure of the ICP, which is expected to facilitate trade between the two countries, will spread across 35.11 hectares of land.

Nepal and India signed an agreement in 2005 for the construction of integrated check posts at various border points including the Birgunj-Raxaul, Biratnagar-Jogbani, Bhairahawa-Sunauli and Nepalgunj-Rupaidiya border points. As per the accord, the Indian government has agreed to bear all the construction costs while Nepal is needed to provide the land required for the check posts.

Of the planned infrastructures along the Nepal-India border, the ICP in Birgunj-Raxaul came into operation in May 2018. The construction of the ICP in Nepalgunj-Rupaidiya was started in March of the same year and is in the final stage of completion. Biratnagar-Jogbani check post started its full-fledged operation in January 2020.

The ICPs are considered one of the important trade logistics and are expected to facilitate trade between Nepal, India and other countries. They are also expected to reduce the cost of cross border trade. They offer warehouses, customs yards, banks, quarantines and laboratories, among others, for the traders under a single roof.

Bidur Khadka, chief of Bhairahawa-based ICP Project, said the Nepali side handed over the land area to the Indian construction company KSM Bashir Mohd and Sons, Lucknow. According to him, the Indian contractor has started construction of the warehouse, office and staffs’ official residence.

According to traders, the infrastructure will help end the problem of traffic congestion that is taking place on the premises of the office of the Bhairahawa Customs. Likewise, it is also expected to remove the hassle for importers and exporters who are compelled to take their goods either to Kolkata in India or Kathmandu in Nepal for lab testing of the farm products.    

The cost of the Bhairahawa-Sunauli ICP is projected to stand at INR 1.61 billion. As per the agreement, the Indian contractor will hand over the infrastructure in the next two years.  

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

by CEO Tab
September 24, 2026
0
Nepal estimates Rs 390.62 billion needed to rebuild flood-damaged energy infrastructure

Nepal is estimated to require Rs 390.62 billion to reconstruct and rehabilitate energy infrastructure damaged by the devastating floods that swept through the Bhotekoshi–Trishuli river corridor on August...

Read more

NEA forms task force to ensure uninterrupted power supply this winter

by CEO Tab
September 24, 2026
0
NEA forms task force to ensure uninterrupted power supply this winter

The Nepal Electricity Authority (NEA) has formed a five-member task force to manage electricity demand and ensure an uninterrupted power supply during the upcoming winter, following flood damage...

Read more

Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

by CEO Tab
September 24, 2026
0
Finance Minister Wagle Vows Transparent and Result-Oriented Management of CIT Funds

Finance Minister Dr Swarnim Wagle has said investments made by the Citizen Investment Trust (CIT) will be managed in a transparent, secure and result-oriented manner. Responding to lawmakers’...

Read more

Flydubai Launches First Regular International Service from Pokhara Airport

by CEO Tab
September 24, 2026
0
Flydubai Launches First Regular International Service from Pokhara Airport

Pokhara International Airport welcomed its first regular international commercial flight on Wednesday, with a Flydubai aircraft arriving from Dubai, raising hopes for sustained international connectivity from the tourism...

Read more

SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

by CEO Tab
September 22, 2026
0
SEBON Orders Probe into NEPSE Trading Halt Over Technical Glitch

The Securities Board of Nepal (SEBON) has directed the Nepal Stock Exchange (NEPSE) to investigate the technical problem that forced the suspension of regular trading and submit a...

Read more
Next Post
DoC sets guidelines for cooperatives seeking merger 

"Cooperatives struggle to recover loans taken by their BoDs"

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.