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ECONOMY

Govt shuts down Udayapur Cement and Triyuga River Management Office, locals outraged

The closure of Udayapur Cement — established in 1987 with full grant support from the Japanese government — follows recent moves toward privatization. Locals say the decision to dismantle the industry, which produced the well-known Gaida Chhap cement brand, reflects the government’s intention to deliberately bankrupt the enterprise and privatize it.
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By REPUBLICA

UDAYAPUR, June 8: The government has decided to shut down the fully state-owned Udayapur Cement Industry Limited in Jaljale and the Triyuga River Management Office, sparking widespread criticism from local residents.



The closure of Udayapur Cement — established in 1987 with full grant support from the Japanese government — follows recent moves toward privatization. Locals say the decision to dismantle the industry, which produced the well-known Gaida Chhap cement brand, reflects the government’s intention to deliberately bankrupt the enterprise and privatize it.


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The Triyuga River Management Office, which was working to protect the district from flooding and erosion along 42.5 kilometers of the riverbanks using eco-friendly embankments, will also be dissolved. As of now, only 30 percent of the river management work has been completed.


Project Chief Engineer Rajendra Prasad Dev confirmed that the Udayapur-based office will cease to exist from mid-July. Remaining operations will be handled from Biratnagar.


The government’s decision — part of a Cabinet resolution to privatize seven public enterprises — has drawn strong backlash. Locals, political parties, civil society members, and workers have already submitted a memorandum to the Prime Minister, urging immediate reconsideration and warning of protests if the decision is not reversed.

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