The detail project report (DPR) of Kathmandu-Tarai-Madhes Expressway will be completed by February 2, 2019. Nepal Army (NA) and South Korean company Soosung Engineering today signed an agreement on the preparation of DPR of the national pride project Kathmandu-Tarai- Madhes Expressway.
Project Chief and Major General of Nepal Army Yogendra Bahadur Khand and Chairman of the Korean company Keehyun Hwang signed the agreement at the Army Headquarters to complete the DPR.
According to the agreement, the DPR should be completed within 1105 days beginning from October 21 in a total cost of Rs 101 million. The Korean company was selected for the DPR job – out of a total of 16 consulting firms that had applied – as the earlier DPR prepared by the Indian company Infrastructure Leasing and Financial Services (IF&FS) has been alleged for its high price. The Indian firm IL&FS has asked minimum of Rs 600 million for the DPR of Kathmandu-Tarai-Madhesh Expressway.
The Cabinet had handed over the Kathmandu-Tarai-Madhesh Expressway to the Nepal Army last year to complete the project within 5 years.
After failing to purchase the DPR prepared by an IL&FS, the Nepal Army had called an Expression of Interest within April 12, which was extended twice until April 28 due to technical reasons.
A total of 16 firms, including a domestic one, had shown interest to prepare the DPR of the national pride project. One year into construction, the Nepal Army is carrying out preliminary works without a DPR of the expressway that is expected to bring the Capital and Nijgadh in Bara within an hour’s drive.
The Army, which has begun construction of the 76-km road is working on the basis of a feasibility study conducted by the Asian Development Bank in 2008. The Army is clearing trees and acquiring land in the project area.
Project Chief and Major General of Nepal Army Yogendra Bahadur Khand and Chairman of the Korean company Keehyun Hwang signed the agreement at the Army Headquarters to complete the DPR.
According to the agreement, the DPR should be completed within 1105 days beginning from October 21 in a total cost of Rs 101 million. The Korean company was selected for the DPR job – out of a total of 16 consulting firms that had applied – as the earlier DPR prepared by the Indian company Infrastructure Leasing and Financial Services (IF&FS) has been alleged for its high price. The Indian firm IL&FS has asked minimum of Rs 600 million for the DPR of Kathmandu-Tarai-Madhesh Expressway.
The Cabinet had handed over the Kathmandu-Tarai-Madhesh Expressway to the Nepal Army last year to complete the project within 5 years.
After failing to purchase the DPR prepared by an IL&FS, the Nepal Army had called an Expression of Interest within April 12, which was extended twice until April 28 due to technical reasons.
A total of 16 firms, including a domestic one, had shown interest to prepare the DPR of the national pride project. One year into construction, the Nepal Army is carrying out preliminary works without a DPR of the expressway that is expected to bring the Capital and Nijgadh in Bara within an hour’s drive.
The Army, which has begun construction of the 76-km road is working on the basis of a feasibility study conducted by the Asian Development Bank in 2008. The Army is clearing trees and acquiring land in the project area.
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