Koshi Province Businesses Rebuild After 'Genji' Movement Damage
Summary
Private sector businesses in Koshi Province, including Bhatbhateni branches and the Nepali Rika Hotel, have been rebuilt and reopened a year after being destroyed during the 'Genji' movement. Entrepreneurs say the damage exposed weak security and has left them wary of fresh investment despite the recovery.
Key Points
- Bhatbhateni outlets in Biratnagar, Dharan, Damak and Birtamod were damaged or burned during the 'Genji' movement, with three branches now reopened and Damak nearing completion.
- Nepali Rika Hotel in Sundarharaincha was destroyed by arson but reopened within three months after reconstruction began immediately.
- Bhatbhateni says it suffered over 10 billion rupees in total damage, including losses from looting, vandalism and destroyed stock.
- Business owners say the state has failed to arrest and prosecute those behind the attacks, leaving continued fear among investors.
