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

Proposed Kerung-Kathmandu rail project moves ahead

CEO Tab by CEO Tab
January 1, 2023
in Prime News
0
Chinese team in Kathmandu for feasibility study of railway
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

The much-awaited plan to conduct a detailed study of the Kerung-Kathmandu Railway Project that connects Kathmandu to Tibetan Autonomous Region (TAR) of China is finally set to begin.

You might also like

NTA Warns 73 ISPs to Clear Dues Within 15 Days or Face Legal Action

Government Plans to Issue Infrastructure Bonds Within a Year to Attract Insurance Investment

Stakeholders Push for Tax Reform, Development Focus in Upcoming Budget

A team of Chinese experts that arrived in Kathmandu on Monday commenced its work in coordination with the Department of Railways (DoR). The study is being carried out with the support of the Chinese government as per the agreement reached between Nepal and China. 

Director General of the DoR Rohit Kumar Bisural said the Chinese team held a consultation with them in this regard. “The work on the detailed study has started as they arrived here for the same purpose,” he added.

According to the DoR, it will take three and half years for the study of the Kerung-Kathmandu railway. Although it was said before that the Chinese government would carry out a study of the railway to Pokhara or Lumbini via Kathmandu, there is no such plan for now, said Director General Bisural.

According to him, 72 kilometers of the railway will lie within Nepal as per the preliminary study carried earlier. The DoR stated that the railway line will originate from Kerung and connect Kathmandu via Rasuwagadhi. 

“The study of the railway will be carried out in such a way that the railway track will bifurcate towards Nepal from the railway track going towards Mansarovar of Tibet from a lake above Kerung,” said Director General Bisural. 

The Chinese government had sent a Letter of Undertaking (LoU) to Nepal on the basis of an agreement reached five years back. The LoU was approved by Nepal  on December 22.

The DoR forwarded the document to the Ministry of Finance for necessary action, but it was delayed for a long time due to various reasons. 

The pre-feasibility study of the railway was conducted in November 2018 and an agreement for carrying out the feasibility study was reached during the visit of Chinese President Xi Jinping to Nepal from October 12 to 13 in 2019. 

After this, a memorandum of understanding was reached in the course of Chinese Foreign Minister Wang Yi’s visit to Nepal in March 2022 for expediting the feasibility study. Even though the Chinese government had stated that it would start several projects, it did not do so for some years citing COVID-19 pandemic. The feasibility study of this railway was one of them. 

Discussions on the matter between the officials of Nepal and China were being held after the National Railway Administration of China submitted a preliminary study report on Kerung-Kathmandu railway to the government. The feasibility study report had paved the way to do further homework on the issue of how and in which model to construct the railway. 

The feasibility study report has incorporated geographical study from Kathmandu-Kerung via Trishuli, topographical features, among others. A detailed study is going to be held based on the preliminary study report. 

Transit and Transport Agreement was one of the important documents signed during the China visit of President Bidya Devi Bhandari. Similarly, Trans Himalaya Multi-Dimensional Connectivity Network and Nepal-China Cross-Border Railway would be of great help for Nepal in expansion of connectivity network with China. 

Construction of the railway, which Nepal is looking at with hope, is not easy due to complex geographical territory. Most of the railway would be inside the tunnel. Ninety-nine per cent of the railway would be inside Nepal, reads the preliminary report.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

NTA Warns 73 ISPs to Clear Dues Within 15 Days or Face Legal Action

by CEO Tab
May 23, 2025
0
NTA and 257 local levels sign MoU for internet service

The Nepal Telecommunications Authority (NTA) has issued a 15-day ultimatum to 73 internet service providers (ISPs) to clear their outstanding royalties and contributions to the Rural Telecommunications Development...

Read more

Government Plans to Issue Infrastructure Bonds Within a Year to Attract Insurance Investment

by CEO Tab
May 23, 2025
0
Economic Reform Commission Recommends Major Legal Overhaul and Public Sector Restructuring

The government has proposed issuing infrastructure bonds within the next year to help diversify the investment portfolio of insurance companies and mobilize long-term funds for development projects. The...

Read more

Stakeholders Push for Tax Reform, Development Focus in Upcoming Budget

by CEO Tab
May 23, 2025
0
Budget of Rs 1.751 trillion announced for fiscal year 2023/24

As the government prepares to unveil the national budget for Fiscal Year 2025/26, stakeholders have called for comprehensive tax reforms, increased development spending, and stronger policy stability to...

Read more

Jewelry Brought by Nepali Returnees Surpasses Rs 5 Billion Amid Lower Gold Prices

by CEO Tab
May 23, 2025
0
Gold price rises by Rs 500 per tola, reaches all-time high

The import of gold and silver jewelry by Nepali returnees has surged significantly, crossing Rs 5 billion in the first ten months of the current Fiscal Year (2024/25)....

Read more

Gold and Silver Prices Decline in Domestic Market

by CEO Tab
May 23, 2025
0
NRB sells gold and silver coins for upcoming Tihar

Gold prices in Nepal fell by Rs 1,100 per tola on Friday, with the new rate set at Rs 190,400, down from Rs 191,500 the previous day. According...

Read more
Next Post
DoC sets guidelines for cooperatives seeking merger 

Cooperatives in financial crisis with excessive investment

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.