Foundation laid for largest industrial park in Nepal

03 Mar 2021 CW Team

The foundation stone for Nepal's largest industrial park—Damak Clean Industrial Park, located in the Jhapa district has been laid by Nepal Prime Minister KP Sharma Oli.

The Damak Clean Industrial Park is a Nepali-China joint venture (JV) along and is being implemented by Jing Ping Joint Creation Construction Project Development Co Ltd from China and Lhasa Economic and Technological Development Zone Investment Co Ltd.

According to the project plan, the industrial park is expected to host modern industries for transportation equipment, producing white goods, textile and garments, and food processing, among others.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

A total of 192 small, medium sized and large factories are expected to be set up inside the industrial park in the first phase.

According to the Nepal government, a significant portion of the industrial park will be developed in the next two years. Infrastructure development is expected to be completed in the next five years.

Govinda Thapa, President of Damak Clean Industrial Park, told the media last week that all the preparatory works have been completed, and construction work is set to begin.

Ongoing Activities in the Damak Industrial Park:

Cadastral survey
Improvement of the land
River training works
Extension of industrial land
Bridge construction
Road construction
Design of civil works
Scoping of environmental impact assessment(EIA)

Image Source

Also read: Industrial warehousing, a key demand driver for foreign investors

Also read: 11 industrial parks to come up in Mumbai and Pune

Infrastructure Urban

07 Oct 2025

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..