Infrastructure Construction Company established

Published On: August 18, 2019 09:30 PM NPT By: RSS

KATHMANDU, Aug 18: An Infrastructure Construction Company has been set up in the country.

The company has been established to manage and mobilize funds and carry out other required tasks for the construction of megaprojects including road, bridges and buildings in the country. The company has the primary shares of Ministries of Finance, Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development.

According to Undersecretary at the Ministry of Transport Gopilal Nepal, the Ministries have 750,000 units of shares in the company. The company will be responsible to forge contract, construct buildings, industries, airports, highways, dry port, waterways, bridges, canal route, and cold stores among other infrastructure.

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