New infra contracts in limbo as authorities delays multi-year resource consent
Summary
New procurement processes for major national infrastructure projects are stalled due to delays in multi-year resource consents by the government, affecting highways and irrigation projects. The National Planning Commission awaits government formation to decide on approvals, risking project delays into the next fiscal year.
Key Points
- New procurement for ongoing infrastructure projects is halted due to failure to grant multi-year resource consent.
- Major highway projects like Mid-Hill, Hulaki, Madan Bhandari, and corridors like Koshi, Kaligandaki, and Karnali are affected.
- The National Planning Commission has delayed decisions pending the formation of a new government.
- Delays risk pushing project processes into the next fiscal year, impacting large national pride and strategic projects.
