The government is preparing to lay the foundation stone of the 2.69-km-long Nagdhunga-Naubise tunnel road project on Monday. Prime Minister KP Sharma Oli is planning to lay foundation stone of the tunnel road that is expected to ease travelling in and out of Kathmandu Valley.
The head of Nagdhunga-Naubise Tunnel Road Project Shyam Prasad Kharel confirmed that the preparatory works for laying the foundation stone has been completed. “The government had signed an agreement with Japanese firm – Hazama Ando Corporation – to construct the tunnel project on September 23,” he said, adding that the Japanese contractor will start the construction works after the foundation stone is laid. “Though the construction was expected to start from March, it was delayed due to various issues related to site clearance and land compensation.”
Japan International Cooperation Agency (JICA) is the development partner of the project that has, though, acquired the necessary land in Kathmandu some landowners still need to be paid compensation for land acquired from them in Dhading district.
JICA is providing loan assistance of $141.41 million for the construction of the tunnel project that has an estimated cost hovering around $188.19 million. The remaining cost of the project will be borne by the government. The government has also allocated Rs 6.27 billion for the project in the budget for the current fiscal year.
The government had signed a loan agreement for the construction of Nagdhunga-Naubise tunnel road project with the government of Japan on December 22, 2016.
The Japanese government has extended a loan assistance of 16.63 billion yen (approximately Rs 15.28 billion) to Nepal to implement the project. The assistance was announced during the visit of Japanese State Minister for Foreign Affairs Nobuo Kishi to Nepal in September 2016.
The project – expected to be complete the project by 2021 – has earlier finalised the evaluation of both the technical and financial proposals that were submitted by the Japanese contractor.
The head of Nagdhunga-Naubise Tunnel Road Project Shyam Prasad Kharel confirmed that the preparatory works for laying the foundation stone has been completed. “The government had signed an agreement with Japanese firm – Hazama Ando Corporation – to construct the tunnel project on September 23,” he said, adding that the Japanese contractor will start the construction works after the foundation stone is laid. “Though the construction was expected to start from March, it was delayed due to various issues related to site clearance and land compensation.”
Japan International Cooperation Agency (JICA) is the development partner of the project that has, though, acquired the necessary land in Kathmandu some landowners still need to be paid compensation for land acquired from them in Dhading district.
JICA is providing loan assistance of $141.41 million for the construction of the tunnel project that has an estimated cost hovering around $188.19 million. The remaining cost of the project will be borne by the government. The government has also allocated Rs 6.27 billion for the project in the budget for the current fiscal year.
The government had signed a loan agreement for the construction of Nagdhunga-Naubise tunnel road project with the government of Japan on December 22, 2016.
The Japanese government has extended a loan assistance of 16.63 billion yen (approximately Rs 15.28 billion) to Nepal to implement the project. The assistance was announced during the visit of Japanese State Minister for Foreign Affairs Nobuo Kishi to Nepal in September 2016.
The project – expected to be complete the project by 2021 – has earlier finalised the evaluation of both the technical and financial proposals that were submitted by the Japanese contractor.
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