NEPAL> Chinese companies keen to build rail network in Nepal

Chinese Rail Nepal Source: eKantipur (http://tinyurl.com/jsbnur9)               At least two Chinese companies have shown interest to develop rail networks connecting China with Nepal, and one of them has submitted a feasibility report for a rail link between Kathmandu and Pokhara. The China CAMC Engineering Company Ltd, which has submitted a feasibility report on Kathmandu-Pokhara electric railway, plans More …

NEPAL > MCC to Explore Investments in Power and Transportation Sectors in Nepal

MCC Nepal and the US government have held talks regarding investment opportunities in energy and transportation sectors in Nepal. Regional Deputy Vice-president for Compact Operations of the US government’s Millennium Challenge Corporation, Fatema Sumar, met government officials and agreed to explore investments in the power and transport sectors, according to a statement issued by the Embassy of USA in Kathmandu today. More …

NEPAL > Target Seven-nation Power Grid

asia A Bimstec meeting yesterday finalised a draft deal to set up power grid connections for electricity trade among its seven member countries — Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka and Thailand. “After years of negotiation, the member states of Bimstec today finalised the draft of the deal,” said Anwar Hossain, joint secretary (development) of the Power Division yesterday. “We More …

NEPAL > SEBON to allow infra cos to raise fund before IPO

sebon KATHMANDU, FEB 04 – The Securities Board of Nepal (Sebon) has planned to allow infrastructure companies to conduct a pre-initial public offering so that they can raise funds for their projects before construction starts. Sebon director Niraj Giri said that a draft Securities Registration and Issue Regulation had been readied, and that it would be sent to Sebon’s board for More …

NEPAL > Heavy Pouring of Cash in Tourism Infrastructure in Nepal

tourism nepal The following news excerpt came out on November 12 in Kantipur under the headline “Have Cash will Dash”. I have further categorized this into different sectors within Tourism industry. NOV 12 – Nepal will be injecting more than Rs 150 billion into the development of tourism and airport infrastructure in the next five years reaffirming the belief that tourism will More …