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Investment Board Nepal expedites final approval process of four mega projects worth Rs 150 billion


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Investment Board Nepal expedites final approval process of four mega projects worth Rs 150 billion
My Republica
KATHMANDU, Dec. 17 The Office of the Investment Board Nepal (IBN) has started study of four mega projects worth Rs 150 billion.
Private Freight Terminal and Bulk Handling Facilities to be built in Birgunj and Bhairahawa, Multi-modal Logistics Park in Biratnagar, Damak Clean Industrial Park in Jhapa and Birethanti-Muktinath Cable Car are among the projects in pipeline. The concerned developers of these projects submitted the Detailed Feasibility Study Reports (DFSR) to the IBN on Tuesday.
Dharmendra Kumar Mishra, the spokesperson of the IBN, said an evaluation committee of the board will carry out further study of the DFSR provided by the developers. After the DFSRs of these projects receive approval from the IBN, the board will sign agreements with the concerned developers, Mishra said. ....

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