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ECONOMY

Govt cancels licenses of 33 construction companies

KATHMANDU, April 27: The government has revoked the licenses of 33 construction companies.
By Republica

KATHMANDU, April 27: The government has revoked the licenses of 33 construction companies.


The licenses of 33 companies, which received permission from the Construction Business Promotion Branch of the Ministry of Physical Infrastructure and Transport for the purpose of public construction work, were not renewed.


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Earlier, the ministry had requested the construction companies to renew their licenses for the financial year 2022/23 by mid-April 2023. However, the ministry said that the license was revoked because they were not renewed within that time period.


Here is the details of construction companies whose licenses have been revoked:

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