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

Kathmandu view tower construction sees dismal progress; 15 percent works in five years

CEO TAB by CEO TAB
December 2, 2020
in Prime News
0
DCSCP collects Rs 4 million in fines
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

-Sharmeela Pathak

You might also like

Commercial Banks’ CD Ratio Falls Sharply Amid Weak Loan Demand

NEA Makes Four-Month Progress Reports Mandatory for Hydropower Projects Under Construction

Government Unveils Commercial Policy Implementation Action Plan 2081 to Boost Exports and Reduce Trade Deficit

Kathmandu, December 2 : The construction of Kathmandu view tower that began around five years back has made dismal progress of 15 percent as of now. The Kathmandu Metropolitan City (KMC) admitted that the construction progress was only 15 percent during five years since its beginning.

Former chief of KMC Public Private Partnership unit, Dhruba Kafle said that the metropolis should wait for the contracted period as per the rule despite dismal progress in construction. As per the agreement the construction progress should be almost 75 percent but the target has not been realized. The foundational works under-land have been completed while the task of installing pillar is underway now.

With this overall progress of the construction accounts 15 percent. Now daily 100 workers are being mobilized in the construction work. It may be noted that the KMC had already extended the deadline by a year to facilitate the completion of under-land construction acting on the stipulated rule. A contract was signed by the KMC and Jaleswor, Swachchhanda and BIKOI Builders around six years back for the construction of the view tower. The company however had started the construction works since 14 August 2016.

As per the agreement the construction works should be completed by 14 August 2021 but the progress does not indicate much to that end. Twenty three ropanies five ana land has been allotted for the construction of the tower. Out of this 40 percent land will be occupied by the tower structure while 60 percent will remain as open space. The high-rise tower will reflect Nepali art and culture. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Commercial Banks’ CD Ratio Falls Sharply Amid Weak Loan Demand

by CEO Tab
June 22, 2026
0
Commercial Banks’ CD Ratio Falls Sharply Amid Weak Loan Demand

The credit-deposit (CD) ratio of Nepal's commercial banks has declined significantly, reflecting the banking sector's growing difficulty in expanding lending despite ample liquidity and falling interest rates. According...

Read more

NEA Makes Four-Month Progress Reports Mandatory for Hydropower Projects Under Construction

by CEO Tab
June 22, 2026
0
NEA Makes Four-Month Progress Reports Mandatory for Hydropower Projects Under Construction

The Nepal Electricity Authority (NEA) has directed promoters of hydropower projects currently under construction to compulsorily submit periodic progress reports to ensure effective monitoring and timely completion of...

Read more

Government Unveils Commercial Policy Implementation Action Plan 2081 to Boost Exports and Reduce Trade Deficit

by CEO Tab
June 22, 2026
0
Government Unveils Commercial Policy Implementation Action Plan 2081 to Boost Exports and Reduce Trade Deficit

The government has introduced the Commercial Policy Implementation Action Plan 2081, aiming to transform Nepal into a more export-oriented economy by strengthening trade infrastructure, promoting digital commerce, and...

Read more

Bagmati Accounts for 36.71% of Nepal’s GDP, Revealing Wide Regional Economic Disparities

by CEO Tab
June 22, 2026
0
Bagmati Accounts for 36.71% of Nepal’s GDP, Revealing Wide Regional Economic Disparities

Bagmati Province contributes 36.71 percent of Nepal’s gross domestic product (GDP), making it the country's largest economic hub, while geographically remote Karnali Province contributes only 4.20 percent, highlighting...

Read more

Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

by CEO Tab
June 21, 2026
0
Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

Construction has officially commenced on the 16-megawatt Machha Khola Hydropower Project in Ward No. 5 of Dharche Rural Municipality, Gorkha district. The project, being developed by Water Energy...

Read more
Next Post
Governors of 19 central banks agree to promote economic activities

Governors of 19 central banks agree to promote economic activities

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.