Nepal PM Oli set to visit China next month

28 Oct 2024 CW Team

Nepali Prime Minister KP Sharma Oli is slated to visit China in November, as confirmed by officials from the Prime Minister's Office (PMO) and the Foreign Ministry. This visit follows his recent completion of 100 days in office, during which he has instructed officials to update him on the status of Chinese projects in Nepal, particularly those related to the Belt and Road Initiative (BRI).

A Foreign Ministry official, speaking on the condition of anonymity, stated, “The Foreign Ministry has been directed to report on the progress of the BRI and other agreements between Nepal and China. This briefing will occur within the week, and preparations for the Prime Minister's visit have also begun.”

Despite the signing of the BRI agreement in 2017, details of the deal remain largely undisclosed by both parties. Chinese Ambassador to Nepal, Chen Song, has indicated that projects such as the second phase of the Ring Road, the Hilsa-Simikot Road, the fourth phase of the Araniko Highway, and the Integrated Check Post in Korala, Mustang, are progressing under the BRI framework.

In addition to BRI discussions, Prime Minister Oli is expected to address topics related to energy and trade during his visit, leading a delegation to China in the third week of November.

Oli, who leads the CPN-UML party, assumed office for the fourth time in July after forming an alliance with the Nepali Congress, the largest party in parliament. Following his inauguration, he attended the United Nations General Assembly (UNGA) in September, where he met with various state and government leaders, including Indian Prime Minister Narendra Modi. (ET)

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..