August 28, 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

Gold prices fell modestly, while silver rose

Kathmandu. On Thursday, the price of gold in the Nepalese market has decreased. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has decreased by Rs 100 per tola to Rs 3 lakh 6 thousand 500 per tola. Earlier on...

Foreign currency exchange rates: what is the price of dollars, euros and pounds?

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for Thursday. According to the Central Bank, today the buying rate of one US dollar is 152 rupees 74 paisa and the selling rate is 153 rupees 34 paisa.

<...

Exchange rate of foreign currency Dollar, pound and the currency of the Gulf countries at what price is being bought and sold?

Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currencies for Monday. According to the information published by the Central Bank, today the buying price of one US dollar is 152 rupees 04 paisa and the selling pric...

NMB Bank launches online loan tracking facility, customers can track their applications

Kathmandu. NMB Bank has launched an important digital facility for its customers. The bank has now provided the customer with the facility to track personal and small and medium loan application information in real time. The bank claims that with...

50 thousand shares of Nepal Life in the auction, everyone can buy

Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.

The minimum price pe...

Shop-shop raids to prevent artificial scarcity and price hike of gas

Kathmandu. District Administration Office Sunsari has conducted random monitoring of various gas shops in Inaruwa market. The monitoring committee's coordinator Krishna Subedi informed that the administration has intensified the monitoring after t...