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

High-level team inspects Prithvi Highway road

CEO Tab by CEO Tab
April 10, 2023
in Prime News
0
High-level team inspects Prithvi Highway road
75
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

A high-level team including Deputy Prime Minister and Minister for Home Affairs, Narayan Kaji Shrestha, inspected the ongoing expansion and upgrading works on the Prithvi Highway today. The Prithvi Highway connects Pokhara, the capital of Gandaki Province, to the federal capital, Kathmandu.

You might also like

Nepal Airlines’ Financial Crisis Deepens as Debt Burden Surges

Import Loans Rise Sharply as Private Sector Lending Remains Weak

Government Assures Adequate Sugar Supply Despite India’s Export Ban

The team made an on-site observation of the road expansion and upgrading works. The team comprised Deputy Prime Minister and Minister for Home Affairs Narayan Kaji Shrestha, Minister for Physical Infrastructure and Transport Prakash Jwala, Pokhara Metropolitan City mayor Dhanaraj Acharya, Ambassador of China to Nepal Chen Song, Secretary at the Ministry of Physical Infrastructure and Transport, Sushil Babu Dhakal, among other officials.

The team made the inspection in the wake of the delay in the road expansion and improvement project. The project has made only six percent physical progress since it was initiated last year.

The high-level team started the inspection and monitoring this morning from the Seti River bridge, the starting point of the project’s western sector.

It acquired information on the progress of work so far, the reasons for the delay and problems encountered, said Amit Kumar Shrestha, chief of the Mugling-Pokhara Road Section Expansion Project.

According to him, the monitoring that started in the western section will be carried out up to Mugling, including the eastern sector. “The high-level team including the DPM and Home Minister and the Minister for Physical Infrastructure, has arrived for the inspection cum monitoring visit following the delay in carrying ahead works in the western sector,” he said.

During the inspection, discussions were also held on the ways of expediting the construction works after the delay by the construction company. Project Chief Shrestha added that all the members of the team showed interest in completing the road expansion within the deadline by resolving the problems seen in the project.

The two-lane road from Pokhara to Mugling is to be expanded into a four-lane road with the concessional loan assistance of the Asian Development Bank (ADB).

Works have been pursued by dividing the stretch of the highway from Pokhara to Mugling into two sections for completing the road expansion works at the earliest. The western section stretches 39 kilometers from the Seti river bridge at Prithvi Chowk in Pokhara to Jamune of Tanahun. The Mugling-Pokhara Road Project with its office in Pokhara looks after this section while the Project’s office set up at Gunadi looks after the 43 kilometers eastern section from Jamune to Aanbukhaireni.

A contract has been signed with the Chinese company, Anhui Kaiyuan Highway and Bridge Co Ltd, China for the construction of the western sector. The project cost is Rs 7 billion 404 million and 600 thousand. The project deadline is 42 months since the signing of the contract in May 2022.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Nepal Airlines’ Financial Crisis Deepens as Debt Burden Surges

by CEO Tab
May 18, 2026
0
Nepal Airlines to operate  daily flight in Kathmandu-Delhi route

The financial condition of state-owned Nepal Airlines Corporation has worsened significantly, with the national flag carrier facing mounting debt and growing concerns over its long-term sustainability. According to...

Read more

Import Loans Rise Sharply as Private Sector Lending Remains Weak

by CEO Tab
May 18, 2026
0
Loans from BFIs to private sector increases by Rs 192.64 billion till mid-January

Loans issued by banks and financial institutions (BFIs) for imports increased by 32 percent during the first nine months of the current fiscal year, reflecting growing demand for...

Read more

Government Assures Adequate Sugar Supply Despite India’s Export Ban

by CEO Tab
May 18, 2026
0
India extends ban on sugar exports by a year

The government has assured the public that there will be no shortage of sugar in the domestic market despite India’s recent ban on sugar exports. According to Ministry...

Read more

Nepal Rastra Bank to Review Standing Deposit Facility to Strengthen Interest Rate Corridor

by CEO Tab
May 18, 2026
0
Interest rates not to change despite high demand for loans

Nepal Rastra Bank has announced plans to review the existing Standing Deposit Facility (SDF) provision in an effort to make the interest rate corridor more effective. The move...

Read more

NRB Plans to Review Standing Deposit Facility to Strengthen Interest Rate Corridor

by CEO Tab
May 17, 2026
0
Interest rates not to change despite high demand for loans

Nepal Rastra Bank (NRB) has announced plans to review the existing provision of the Standing Deposit Facility (SDF) in an effort to make the interest rate corridor more...

Read more
Next Post
Finance_Ministry

Finance ministry urges suggestions for budget

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.