Nepal & China accelerate pending projects under BRI

13 Jul 2023 CW Team

It was reported that both parties discussed the progress in implementing various programs and projects announced by the Chinese government. They emphasised the need to expedite the preparatory work on both sides to accelerate major connectivity projects in accordance with the commitments previously agreed upon. The meeting, which took place in Beijing, involved comprehensive discussions regarding the pending tasks to be carried out by the governments of Nepal and China.

China has been actively investing in numerous infrastructure projects in Nepal to foster closer cooperation between the two neighbouring countries. It is expected that Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' will visit China in September.

Nepal's Foreign Minister N P Saud provided an update on the Belt and Road Initiative (BRI) agreement signed between Nepal and China, stating that it has not been implemented yet but discussions are underway for its implementation.

On May 12, 2017, Nepal and China signed a memorandum of understanding on One Belt One Road, later known as the Belt and Road Initiative (BRI). The agreement aims to facilitate transit transport, logistics, transport network security, and related infrastructure development through joint study. It also seeks to promote cross-border projects including railway, road, civil aviation, power grid, and information and communication.

Also read:
Kerala coastal highway sparks protests over displacement
Police demand toll plazas be removed on Ajmer-Jaipur

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

An agreement had been reached between Nepal and China to expedite the completion of pending projects previously announced by the Chinese government in 2018 and 2019 under the controversial Belt and Road Initiative. The purpose of this initiative was to enhance infrastructure in Nepal, which is a landlocked Himalayan nation. During a meeting between Dr Min Bahadur Shrestha, the vice chairman of Nepal's National Planning Commission (NPC), and Chong Liang, the vice chairman of the Chinese government's National Development and Reform Commission (NDRC), which is responsible for overseeing the implementation of the Belt and Road Initiative (BRI), the agreement was made. It was reported that both parties discussed the progress in implementing various programs and projects announced by the Chinese government. They emphasised the need to expedite the preparatory work on both sides to accelerate major connectivity projects in accordance with the commitments previously agreed upon. The meeting, which took place in Beijing, involved comprehensive discussions regarding the pending tasks to be carried out by the governments of Nepal and China. China has been actively investing in numerous infrastructure projects in Nepal to foster closer cooperation between the two neighbouring countries. It is expected that Nepal Prime Minister Pushpa Kamal Dahal 'Prachanda' will visit China in September. Nepal's Foreign Minister N P Saud provided an update on the Belt and Road Initiative (BRI) agreement signed between Nepal and China, stating that it has not been implemented yet but discussions are underway for its implementation. On May 12, 2017, Nepal and China signed a memorandum of understanding on One Belt One Road, later known as the Belt and Road Initiative (BRI). The agreement aims to facilitate transit transport, logistics, transport network security, and related infrastructure development through joint study. It also seeks to promote cross-border projects including railway, road, civil aviation, power grid, and information and communication. Also read: Kerala coastal highway sparks protests over displacement Police demand toll plazas be removed on Ajmer-Jaipur

Real Estate

29 Jun 2026

Omaxe to Invest Rs 62 Billion in Hospitality Expansion

Omaxe has announced the launch of a dedicated hospitality business vertical with plans to develop 19 hotels across five states over the next four to five years as part of its strategy to strengthen recurring revenues and expand its integrated development ecosystem.The real estate developer proposes to invest approximately Rs 62 billion, subject to regulatory approvals and market conditions, to develop nearly 5 million sq ft of hospitality assets across high-growth urban centres, pilgrimage destinations and transit corridors.The proposed portfolio will be integrated with Omaxe's existing townsh..

Infrastructure Transport

29 Jun 2026

Third Railway Line Between Tatanagar And Adityapur Likely By September

The third railway line between Tatanagar and Adityapur is expected to be commissioned by September as work on the corridor advances, according to railway sources. The project to add a fourth line on the busy route is progressing and has been allocated Rs 50.89 billion (bn) in funding. The allocation underscores the focus on increasing capacity and easing congestion on the corridor. Relevant timetables are being adjusted to integrate the new capacity into regular operations. Construction activity has involved track laying, formation work and signalling upgrades along strategic stretches, with m..

Infrastructure Transport

29 Jun 2026

Indian Railways Approves Rs 2.7 bn Kavach Rollout in Odisha

Indian Railways has approved a Rs 2.7 billion (Rs 2.7 bn) plan to install the Kavach train collision avoidance system on 631 route kilometres in the East Coast Railway zone. The Ministry of Railways said the work will form part of a wider Kavach deployment programme that relies on an LTE based communication backbone rather than a standalone installation. The approval marks the latest stage in the steady expansion of the indigenous safety technology across the national network. The decision aims to enhance safety and reliability on corridors serving Odisha and adjoining areas. The project will ..