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

Tunnel highway, a milestone for prosperity

CEO TAB by CEO TAB
November 14, 2019
in Prime News
0
Tunnel highway, a milestone for prosperity
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

-Sanchita Ghimire

You might also like

Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal Increases E-Passport Production Capacity

NRB Tightens Regulations on Hire Purchase Companies

Kathmandu, November 5: The first-ever modern tunnel expressway, Nagdhunga-Sisnekhola, is expected to be a milestone in the area of road infrastructure and transportation of Nepal. The planned construction of ‘flyover’ besides tunnel along the route also is considered to a leap forward in road infrastructural development.

It would not only ease traffic congestion and stagnation on the road stretching from Kalanki to Naubise but also contributes to the country’s efforts for prosperity. According to the Detailed Project Report (DPR) developed by Japan International Cooperation Agency (JICA), the investment made in the tunnel highway would be raised within seven years.

The sophisticated tunnel highway with flyover is considered to be a panacea to address snarling traffic jam surfaced along the Kathmandu entry route. The construction of the structure is gaining momentum with its foundation stone laid by Prime Minister KP Sharma Oli last October 21. Technically a tunnel highway stretching over 500-meter is considered modern. Ventilators are also arranged for air and light passage in the tunnel structure.

There are three tunnel routes having a length less than 500-metre in Nepal. The Nagdhunga-Sisnekhola expressway is so far the first having length over 500 meters. Though the expressway was envisioned around one and a half-decade ago, its construction was not taken ahead due to several aspects including financial management. The agreement to this effect was signed with JICA agreeing to extend financial and technical assistance.

In the last month, the government had inked an agreement with the Japanese construction firm, Hazama Ando Corporation, to construct the tunnel project. Chief of Development Coordination Implementation Division under the Department of Road, Arjun Jung Thapa said the traffic congestion surfaced along the Nagdhunga-Naubise road section would be removed with the operation of the expressway. ‘Tunnel road is the only solution in the terrace from road infrastructural perspective’, he said, adding 42-month-long duration is adequate time to complete the construction of tunnel road. The representatives of the company now are in Japan in order to bring the necessary equipment so the construction works will begin immediately after their return, he shared.

It takes at least six months for the construction company to manage necessary equipments. ‘This time period is, however, the part of total project duration (42 months)’, he informed. Under the project, two tunnels, one with 9.5-meter and another with four-meter, would be constructed. Two flyovers, a service center, and a 3.1-km road would be built. One flyover is to be constructed at the entry point of tunnel road and another is to be built at Satungal. The tunnel is not of three lanes. However, three vehicles can easily pass. Auxiliary tunnel is arranged for immediate rescue. The tunnel construction process had started two years back with JICA’s 0.01 percent soft loan assistance.

It requires a total investment of Rs 22 billion in which JICA has agreed to provide a concessional loan of Rs 16 billion and the Nepal government would mobilize Rs 6 billion from its internal treasury, shared the Nagdhunga Tunnel Construction Project. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Digital Economy Expanding Beyond Fintech and Digital Payments

by CEO Tab
August 12, 2026
0
Digital Economy Expanding Beyond Fintech and Digital Payments

Nepal’s digital economy is expanding beyond fintech and digital payments into areas such as content creation, the gig economy and algorithm-driven businesses, experts said during a discussion organized...

Read more

Nepal Increases E-Passport Production Capacity

by CEO Tab
August 12, 2026
0
Nepal Increases E-Passport Production Capacity

The Department of Passports has significantly increased its capacity to produce electronic passports (e-passports) to meet growing demand. On August 10 (Shrawan 25), the department successfully printed 5,878...

Read more

NRB Tightens Regulations on Hire Purchase Companies

by CEO Tab
August 12, 2026
0
NRB Tightens Regulations on Hire Purchase Companies

Nepal Rastra Bank (NRB) has tightened regulations governing hire purchase companies to prevent excessive interest charges, improve transparency and strengthen financial discipline. Under the sixth amendment to the...

Read more

Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

by CEO Tab
August 12, 2026
0
Government to Conduct On-Site Inspections of Madhesh Local Bodies Over Delayed Budgets

The government is preparing to conduct on-site inspections of local governments in Madhesh Province that have failed to announce their annual budgets within the stipulated deadline. According to...

Read more

Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

by CEO Tab
August 11, 2026
0
Government to Raise Rs. 100 Billion in Internal Debt in First Quarter

The government plans to raise Rs. 100 billion in internal debt during the first quarter of Fiscal Year (FY) 2026/27, according to the annual borrowing calendar released by...

Read more
Next Post
Fifth international conference on nutrition kicks off

Fifth international conference on nutrition kicks off

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.