Nepal, China review stalled and ongoing infrastructure projects
Summary
Nepal and China reviewed ongoing and stalled infrastructure projects including highways, power transmission lines, and urban development initiatives during their third joint meeting, with plans to expedite implementation and finalize feasibility studies by June 2024.
Key Points
- Nepal and China held the third meeting of the Mechanism for Facilitation on the Implementation of Nepal-China Cooperation Programmes to review ongoing projects.
- Key projects discussed include the Kathmandu Ring Road Improvement, a cross-border 220 KV power transmission line, and infrastructure in Hilsa and Rasuwa.
- China will provide Rs11 billion in grant support for the Kathmandu Ring Road widening project.
- Feasibility study for the Jilong-Kerung-Kathmandu cross-border railway is expected to be handed over by China by the end of June 2024.
