Friday, 23 December 2016

Nagdhunga-Naubise tunnel road to be built by 2022

Posted by Anup Baral December 23, 2016 :
The Nepali and Japanese governments have signed an agreement for a loan for the Nagdhunga Tunnel Construction Project. The agreement will pave the way to start construction of a tunnel road under the Nagdhunga pass. The agreement sets August 2022 as the target to bring the tunnel into operation. Shanta Raj Subedi, Secretary at the Ministry of Finance (MoF), and Masashi Ogawa, Japan’s ambassador to Nepal, signed an exchange of notes for the project on Thursday at the MoF offices. A Loan Agreement for the project was also signed by Baikuntha Aryal, Joint Secretary at MoF, and Jun Sakuma, Chief Representative of Japan International Cooperation Agency (JICA) Nepal. Japan and Nepal are commemorating the 60th anniversary of establishment of diplomatic relations between the two countries. According to the agreement, the Japanese government will provide a loan of 16.636 billion yen (around Rs 15.29 billion) for the construction of the tunnel under the Nagdhunga pass to ease traffic congestion along the Nagdhunga-Naubise section of the Prithvi Highway.

Popular Posts