Nepal to get $15 billion assistance from China

16 Aug 2022 CW Team

After visiting, Narayan Khadka, Foreign Minister, held wide-ranging talks with his Chinese counterpart, Wang Yi, to further cement bilateral ties, following which China has pledged $15 billion in grant assistance to Nepal to invest in various projects this year in the landlocked Himalayan nation. The two Foreign Ministers reviewed the overall state of Nepal-China relations and agreed to expand cooperation in areas such as trade, connectivity, investment, health, tourism, poverty alleviation, agriculture, disaster management, education, culture, and people-to-people exchanges. Both sides expressed satisfaction with the progress made in a variety of bilateral cooperation areas since Wang's official visit to Nepal earlier this year. Wang, who is also a State Councillor, announced that China will give Nepal a $15 billion (800 million RMB) grant to invest in projects chosen by Nepal for 2022.

Also read:
Nepal picks NHPC to develop 2 major hydropower projects
Nepal exports over 3,000 sacks of cement to India for first time

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..