Visits reopen talks to rescue bankrupt Gorakhkali Rubber Industry
Summary
Repeated government inspections have failed to produce a concrete plan to restart the long-shuttered Gorakhkali Rubber Industry in Gorkha. Lawmakers and officials now say they are studying operating models as the bankrupt plant’s buildings, machinery and housing blocks continue to deteriorate.
Key Points
- The government is again inspecting the closed Gorakhkali Rubber Industry, but no concrete revival plan has been announced yet.
- Lawmaker Kabindra Burlakoti and officials from the Finance and Industry ministries visited the factory in Gorkha Municipality-13 to study possible operating models.
- Residents want a clear decision on whether the factory will be run by the government, privatised, or handed to another institution.
- The plant, Nepal’s first tyre manufacturer, has been shut since 2015 and has suffered severe neglect and deterioration.