Government Drafts 'Sunset Law' to Expedite Infrastructure Projects
Summary
The Nepal government has drafted the 'Sunset Law' aiming to expedite infrastructure projects by simplifying legal and procedural hurdles, including expedited decision-making and amendments to related acts.
Key Points
- The Nepal government has prepared a draft 'Sunset Law' to accelerate infrastructure development projects by addressing legal and procedural delays.
- The draft proposes mandatory decision-making within three months for projects, with the Prime Minister's committee authorized to intervene if deadlines are missed.
- Amendments to various acts like the Forest Act and Public Procurement Act are included to reduce obstacles such as redundant environmental assessments and lengthy procurement processes.
- The law aims to resolve issues like royalty demands on construction materials used onsite to prevent unnecessary project stalls.
