Infrastructure Projects in Chitwan Face Stoppage Due to Rising Costs
Summary
Rising fuel and construction material costs threaten the suspension of 125 infrastructure projects managed by Chitwan's Infrastructure Development Office, risking completion delays.
Key Points
- 125 infrastructure projects managed by Chitwan's Infrastructure Development Office face potential suspension due to rising fuel and material costs.
- Out of 267 projects, 217 are under contract, with 125 possibly closing amidst inflationary pressures.
- Contractors have requested a 'construction holiday' to temporarily halt projects amid financial challenges.
- The office operates on a Rs 670 million budget and warns that 50 to 60 percent of projects may remain incomplete without intervention.
