Nepal, China discuss expanding trade, transport and connectivity
ECONOMY & POLICY

Nepal, China discuss expanding trade, transport and connectivity

Nepal's Deputy Prime Minister, Bishnu Prasad Paudel, reportedly spoke of enhancing bilateral cooperation and speeding up the implementation of various infrastructure projects during his discussions with China's Vice Premier, He Lifeng, in Beijing. According to a press release from Nepal's Finance Ministry, Vice Premier He is said to have assured Paudel that the Chinese government would hasten the execution of previously announced projects.

It was also mentioned that the Communist Party leader requested support from China in expanding direct air services between several Chinese cities and Bhairahawa and Pokhara international airports. Paudel, who is leading the Nepalese delegation, is in Beijing to attend the "Global Sustainable Transport Forum," taking place from 25th to 26th September.

The two leaders are believed to have talked about advancing key infrastructure projects backed by China, such as the Kerung-Kathmandu railway, the Tokha-Chhahare tunnel, several road projects, the Madan Bhandari Science and Technology University, and Damak Industrial Park. Chinese leader He reportedly emphasised the importance of implementing these agreements to further strengthen bilateral relations and expressed a wish to fast-track development projects related to infrastructure, transport, and connectivity.

During his visit, Paudel is understood to have delivered a speech at the opening of the forum, where he highlighted the significance of building a sustainable and reliable transport system to enhance connectivity, economic growth, and quality of life. He reportedly stated that efficient transport infrastructure is crucial for a landlocked nation like Nepal, which has made significant strides in road expansion and the promotion of electric vehicles.

Paudel is expected to return to Nepal on Saturday, following his six-day trip.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

Nepal's Deputy Prime Minister, Bishnu Prasad Paudel, reportedly spoke of enhancing bilateral cooperation and speeding up the implementation of various infrastructure projects during his discussions with China's Vice Premier, He Lifeng, in Beijing. According to a press release from Nepal's Finance Ministry, Vice Premier He is said to have assured Paudel that the Chinese government would hasten the execution of previously announced projects. It was also mentioned that the Communist Party leader requested support from China in expanding direct air services between several Chinese cities and Bhairahawa and Pokhara international airports. Paudel, who is leading the Nepalese delegation, is in Beijing to attend the Global Sustainable Transport Forum, taking place from 25th to 26th September. The two leaders are believed to have talked about advancing key infrastructure projects backed by China, such as the Kerung-Kathmandu railway, the Tokha-Chhahare tunnel, several road projects, the Madan Bhandari Science and Technology University, and Damak Industrial Park. Chinese leader He reportedly emphasised the importance of implementing these agreements to further strengthen bilateral relations and expressed a wish to fast-track development projects related to infrastructure, transport, and connectivity. During his visit, Paudel is understood to have delivered a speech at the opening of the forum, where he highlighted the significance of building a sustainable and reliable transport system to enhance connectivity, economic growth, and quality of life. He reportedly stated that efficient transport infrastructure is crucial for a landlocked nation like Nepal, which has made significant strides in road expansion and the promotion of electric vehicles. Paudel is expected to return to Nepal on Saturday, following his six-day trip.

Next Story
Infrastructure Urban

Delhi CM approves incentive scheme to boost scrapping of old vehicles

The Delhi government has announced a new incentive scheme that offers a 10-20% tax rebate for buyers of new vehicles who choose to scrap their old ones. Chief Minister Atishi approved the initiative, which aims to phase out older, more polluting vehicles from the roads and promote the adoption of cleaner alternatives. According to a statement released by the government, the tax rebate will vary depending on the type of vehicle purchased: a 20% rebate will be provided for non-commercial CNG and petrol vehicles, 15% for commercial CNG and petrol vehicles, and 10% for diesel vehicles. The schem..

Next Story
Infrastructure Urban

Maharashtra to make Rs 1.6 trillion Green Integrated Data Centre Parks

The Maharashtra government has approved the establishment of Green Integrated Data Centre Parks, with a projected investment of Rs 1.6 trillion. The decision was made during a recent cabinet meeting chaired by Chief Minister Eknath Shinde, making Maharashtra the first Indian state to launch a special policy for Green Integrated Data Centre Parks. The initiative is expected to solidify Maharashtra’s position as a leading hub for the data centre industry, attracting multinational corporations and global tech leaders. In addition to enhancing the state’s digital infrastructure, the project ..

Next Story
Infrastructure Transport

GOI asks CBRI to help on airport safety after Delhi airport collapse

Following the partial collapse of a canopy at Terminal 1 of Delhi’s Indira Gandhi International Airport in June, the Indian government has sought the expertise of the Central Building Research Institute (CBRI) to advise airport operators nationwide on structural safety. The Roorkee-based institute has been tasked with ensuring the structural integrity of airport infrastructure and guiding operators to prevent similar incidents in the future. The decision to engage CBRI comes in the wake of multiple structural issues, including similar canopy collapses at Jabalpur and Rajkot airports in Jun..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000