KATHMANDU, Jan 1: The year 2019 was a mixed bag for the country's economy. There were some bright spots in the economy, notably the robust growth momentum. However, some problems continued to plague the economy. The year also offered a hope for the New Year 2020 as the progress in at least three national pride projects indicates that they are nearing completion. As the New Year approaches, Republica has compiled five positive and five worrying signs of the economy.
BHAIRAHAWA, Oct 17: Gautam Buddha International Airport at Bhairahawa, which is currently under construction, has witnessed the overall completion of 82 per cent works. It counts 82 per cent of the physical set-up and 18 per cent of electromechanical works of the project.
It need not be emphasized how important Gautam Buddha International Airport is for Nepal—for alternative airport, for tourism and economic development of Province 5 and rest of the country and for capitalizing on Lumbini—the birthplace of Lord Buddha—as the international hub of Buddhist tourism.
On Friday, President Bidya Devi Bhandari unveiled the government’s policies and programs for this fiscal year at the Federal Parliament. The focus was on completing construction of long-stalled national pride projects on time, human resource development and maintaining rule of law in the country. She announced that the government will generate 500,000 employment opportunities in the upcoming fiscal year, Mid-Hill Highway will be constructed within four years, Gautam Buddha Airport and Pokhara International Airport will come into operation by 2019 and 2021 respectively and 300 suspension bridges will be constructed in the upcoming fiscal year.
CHITWAN, Jan 15: President of the National Concern and Coordination Committee under the National Assembly Dil Kumari Rawal Thapa has said that the Committee has been piling pressure for the timely completion of the national pride projects.
NUWAKOT, Dec 11: Widening and repairing of the Galchhi- Trishuli - Mailung - Rasuwagadhi road, one of the national pride projects has come to a halt due to a controversy on the compensation amount. The project that kicked off on December 16, 2016, was supposed to complete in 22 months. However, due to protests from the locals over the amount of compensation paid to them for the land acquisition it remains in limbo. Concerned officials claim that the project might not meet its present deadline if the ongoing protests are not settled. As per the new deadline, the project should complete before February 17.
KATHMANDU, Nov 3: The State Affairs Committee (SAC) of the lower house of parliament inspected the under-construction Kathmandu-Tarai Fast Track highway on Thursday even as a section of lawmakers on the committee expressed concern over possible clash of jurisdiction with other parliamentary committees.
Multiple delays, multiple deadline extensions, multiple irregularities and negligence are perhaps what characterize our multi-billion rupees development projects—including the national pride ones on which Nepal exclusively relies to achieve its development goals. This laxity and non-action on national pride projects will cost us dearly—both in terms of economy and the benefits people are supposed to derive from their completion. As Republica has found out, only seven out of 21 national pride projects have achieved 50 percent or more progress although their completion deadlines are inching closer.
KATHMANDU, Sept 12: There has been significant progress in the national pride projects in the last fiscal year, according to a report tabled to the prime minister on Tuesday by National Planning Commission (NPC) at the 43rd meeting of National Action Development Committee.
The Gautam Buddha International Airport (GBIA) would have been a crowded airport nowadays operating multiple flights a day, if it was constructed in its first deadline. But it is still under construction and the construction is snail paced. Though it is one of the most prioritized ‘national pride projects’, locals express doubt that it would complete anytime soon.