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๐Ÿ‡ณ๐Ÿ‡ต Nepal /Energy & Infrastructure

Nepal, China Sign Deal for Second Phase of Ring Road Expansion

From Kathmandu Post · (6m ago) English

Translated from English, summarized and contextualized by DistantNews.

TLDR

  • Nepal and China have signed an agreement for the second phase of Kathmandu's Ring Road expansion.
  • The project will widen an 8.2-kilometer stretch and include new bridges and streetlights, funded by approximately 11 billion Nepali rupees in Chinese grant support.
  • This expansion aims to improve north-south connectivity in Nepal, with hopes for further Chinese infrastructure investment.

The Kathmandu Post is pleased to report on the formal commencement of the second phase of the Kathmandu Ring Road expansion, a significant infrastructure development for Nepal. The signing of the assistance agreement between Minister Sunil Lamsal and Chinese Ambassador Zhang Maoming marks a crucial step forward in enhancing the capital's connectivity.

This project, which will see the Kalanki to Basundhara stretch widened and improved with modern features like concrete bridges and disability-friendly pedestrian crossings, underscores the strong bilateral ties between Nepal and China. The substantial grant support of around 11 billion Nepali rupees from China highlights their commitment to Nepal's development.

any issues arising during implementation would be resolved within a day, highlighting the governmentโ€™s priority on northโ€“south connectivity and expressing hope for further Chinese investment in Nepalโ€™s infrastructure.

โ€” Sunil LamsalMinister for Physical Infrastructure, Transport and Urban Development, commenting on the project's implementation and future prospects.

Minister Lamsal's emphasis on swift issue resolution and the government's prioritization of north-south connectivity signals a proactive approach. Furthermore, Ambassador Zhang's remarks about a favorable investment environment encouraging more Chinese investors are vital for Nepal's economic growth. This expansion is not just about widening a road; it's about paving the way for future development and strengthening Nepal's infrastructure backbone.

a favourable investment environment would encourage more Chinese investors to enter Nepal.

โ€” Zhang MaomingChinese Ambassador to Nepal, commenting on the conditions for increased Chinese investment.
DistantNews Editorial

Originally published by Kathmandu Post in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.