MP Mohan Acharya Highlights Procurement Law Weaknesses Hindering Infrastructure Development
Summary
Nepali Congress lawmaker Mohan Acharya highlights legal complexities and weaknesses in Nepal's Public Procurement Act hindering infrastructure projects and economic growth, urging reforms for construction and procurement processes.
Key Points
- Lawmaker Mohan Acharya pointed out that weaknesses in the Public Procurement Act and Regulations are obstructing Nepal's infrastructure development.
- He emphasized that without reforming procurement regulations, the government's goal of 7 percent economic growth is unattainable.
- Delays in major road projects are attributed to legal complexities and issues with price adjustment in construction contracts.
- Acharya recommended adopting environmentally friendly materials, hybrid annuity, and PPP models to boost infrastructure development efficiently.
