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

New mechanical parking proposed to mitigate traffic inconveniences

CEO TAB by CEO TAB
March 5, 2020
in Prime News
0
New mechanical parking proposed to mitigate traffic inconveniences
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, March 5: Japan’s Nippon Cable Company has proposed introducing a new mechanical parking system to alleviate the growing problem of traffic inconveniences and congestion in the Kathmandu Valley.

You might also like

Construction Begins on 16 MW Machha Khola Hydropower Project in Gorkha

NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

The company’s officials at a program here on Wednesday (March 4) came up with such a proposal citing the findings of a survey conducted in the valley. The survey study was related to feasibility study for the business sustainability of mechanical parking and the sustainability of its management in collaboration with the private sector.

The study was carried out with the support of the Japan International Cooperation Agency (JICA). It was stated on the occasion that the use of mechanical parking would enable parking many cars in relatively small parking spaces, the space occupied by the unsystematic parking could be utilized for other purposes and that the city’s beauty could be enhanced. Similarly, mechanical parking could help reduce pollution as well as traffic congestion.

The company’s officials, citing the facts from the preliminary study, stated that mechanical parking would be appropriate in Kathmandu. Company representative Sumpei Ichikawa argued that the employment of mechanical parking would also help generate more revenue as many vehicles could be parked in relatively small areas using this system of parking. More, the parked vehicles would also be much secured. Urban Planning Commission vice-chair Saroj Basnet said improving the traffic management is very much inevitable in Kathmandu.

However, he cautioned against instantly bringing a complicated technology. Chief of the International Relations Secretariat, Mahesh Kafle said a conclusion on whether to adopt mechanical parking or not would be decided after consultations and discussions at various levels. Information-Technology Coordinator of Truly Yours Pvt Ltd, Harish Agrawal shared the experience of operating pay-parking at Pyukha, Khichapokhari, Dharmapath, Pako and Durbarmarga in Kathmandu Metropolitan City. He said the cars in the city area are kept parked for 90 percent of the time and ply on the roads only for the remaining 5 percent of the time, due to which there was much problem in parking. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

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

NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

by CEO Tab
June 21, 2026
0
NRB Imposes Limits on CEOs’ Salaries and Benefits in Banking Sector

In a bid to enhance transparency, accountability, and corporate governance in Nepal's banking sector, Nepal Rastra Bank (NRB) has introduced new limits on the salaries and benefits of...

Read more

Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

by CEO Tab
June 21, 2026
0
Government Appoints Dr. Gopal Prasad Bhatt as SEBON Chairperson

The government has appointed Dr. Gopal Prasad Bhatt as the new Chairperson of the Securities Board of Nepal (SEBON). The appointment was made during a Cabinet meeting held...

Read more

ADB Approves $115 Million Concessional Loan to Strengthen Water and Sanitation Services in Nepal

by CEO Tab
June 21, 2026
0
ADB Approves $115 Million Concessional Loan to Strengthen Water and Sanitation Services in Nepal

The Asian Development Bank (ADB) has approved a concessional loan of $115 million to enhance climate-resilient water supply and sanitation services and strengthen institutional capacity in rapidly urbanizing...

Read more

Banks’ Lending Trails Deposit Growth as Excess Liquidity Builds Amid Economic Slowdown

by CEO Tab
June 21, 2026
0
Banks’ Lending Trails Deposit Growth as Excess Liquidity Builds Amid Economic Slowdown

Commercial banks in Nepal have extended loans amounting to less than half of the deposits they collected during the first 11 months of the current fiscal year, leading...

Read more
Next Post
Tourist arrival in Koshi Tappu nil

Tourist arrival in Koshi Tappu nil

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.