China to provide Rs 11 billion grant for Ring Road expansion
Summary
China has pledged a grant of Rs 11 billion for the second phase expansion of the Kathmandu Ring Road, covering the Kalanki to Basundhara section.
Key Points
- China has committed a Rs 11 billion grant for the second phase of Kathmandu Ring Road expansion.
- The agreement was signed by Minister Sunil Lamsal and Chinese Ambassador Zhang Maoming.
- The expansion covers the Ring Road segment from Kalanki to Basundhara, following the completion of the first phase from Koteshwor to Kalanki.
- Officials highlighted the priority of north–south connectivity and potential for increased Chinese investment in Nepal's infrastructure sector.
