Sunday, April 21, 2019

Investors eye Nijgadh International Airport

Nijgadh International Airport lured the largest number of investors – as many as 6 investors – for a single project.
Nijgadh International Airport has received the highest number of applications – Expression of Interest (EoI) from the prospective investors after being showcased at the Nepal Investment Summit last month, informed Investment Board-Nepal (IBN).
The $3.45 billion mega airport project at Nijgadh in Bara is the most expensive projects the government has been trying to get foreign investment for. According to the Tourism Ministry, Nepal and Qatar governments were in talks to construct the new international airport in Nepal. The international airport has been under discussions since more than two decades. The second international airport was high on agenda also during the President Bidhya Devi Bhandari's visit to Qatar last October.
The government has decided to extend the deadline for foreign investors to submit their applications for the projects – by one month to May 20 – since the projects like Nijgadh International Airport are complex, informed the chief executive officer of the IBN Maha Prasada Adhikari today at a press meet.

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