August 21, 2026, Friday
English

8 billion spent on the north-south road, black paper target up to Korla

Main News Image

Kathmandu. As part of the north-south trade route expansion project, Rs. The project has spent 82 percent of the budget while the proposed cost estimate of the project is Rs 10.57 billion till FY 2081-82.

Under the Korla road of national pride connecting India and China, a 202 km road track has been opened from Maludhunga in the mountain to Nepal-China Korlana. According to the decision of the Council of Ministers on November 12, 2073, Kaligand Corridor 9Beni-Jomsam-Korla road was established as a separate project. Under which the project has been continuously upgrading the roads in Parbat, Myagdi and Mustang sections since 2073 and 74. The last revised completion period of the project has been proposed for the year 2082 and 2083. But since the road up to Korlanaka needs to be paved, it is certain that the completed period will be revised again.

Under this Kaligandaki Corridor road project, the target is to open 202 km of road tracks, 97 km of road gravel, 150 km of tarmac and 19 bridges. According to the target, by the year 2081 and 2082, the project has opened 202 kilometers of road tracks, 94 kilometers of road gravel, 88 kilometers of black paper and construction of 14 bridges have been completed, project chief Tejashwi Sharma has informed.

For Korla road, through the project, 3 km of gravel and 10 km of Kagbeni-Chusang will have to be blacked on 27 km of the road and a new contract will have to be issued for the rest. Under this project, if the 9 Kagbeni-Korla road section is also covered with black, the total cost estimate of the project may be more than 15 billion, according to the head of the project Sharma. According to the head of the project, the goal is to upgrade the road and blacken the entire 202 km double lane of the Korla road section and build the necessary bridge.

mediabaaji add

Related News

An increase of 8.97 points in NEPSE, turnover above 11.1 billion

Kathmandu. On the fifth trading day of the week, the NEPSE index increased by 8.97 points to 2671.07. During the day, 277780584 shares of 337 companies were bought and sold, totaling 11.10 billion 25 million shares. Today, while the share price of...

New interest rate announced for the month of March, what is the interest rate of which bank?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of March. According to the public rate, the maximum average interest rate of individual term deposits has decreased slightly compared to February. The maxim...

What is the exchange rate of which foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 95 paisa and the selling rate is 144 rupees 55 paisa.

Similarly...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 145 rupees 27 paisa and the selling rate is 145 rupees 87 paisa. Simi...

The price of petroleum products increased

Kathmandu. Nepal Oil Corporation has increased the price of petroleum products with effect from today. According to the new prices of petrol, diesel and kerosene adjusted by the corporation, petrol and diesel and keros...

An increase of 62.29 points in NEPSE, turnover of 4.57 billion

Kathmandu. On the second trading day of the week, the stock market NEPSE index increased by 62.29 points to 2571.34. 
On NEPSE, 92 lakh 43 thousand 723 shares of 314 companies were bought and sold on this day, with a turnover of 4.57 bil...