June 29, 2026, Monday
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

General public can apply for IPO of Super Khudi Hydropower Limited from today

Kathmandu. Super Khudi Hydropower Limited has opened its initial public issue IPO sale to the general public from today. The company has issued a total of 12 lakh 86 thousand 500 ordinary shares for common investors. Out of the total shares issued...

IPO of Super Khudi Hydro worth 1 lakh 28 thousand is open from February 5

Kathmandu. Super Khudi Hydropower Limited is going to issue an IPO for the general public from Monday 5th February to Sunday 10th February. Earlier, it was said that the issue would be opened from February 4th, but the said date has been shifted o...

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

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the buying rate of one US dollar is 142 rupees 54 paisa and the selling rate is 143 rupees 14 paisa. The b...

Action will be taken according to the law if the service is not entered within the bus park within 3 days

Kathmandu. Kathmandu Metropolitan City has given the last 3 days to provide integrated passenger vehicle operation service from the new bus park. Last month, on 25th of Chait, a public notice was published and a request was made to operate long an...

The American dollar kept a high point record today, how much is one dollar Nepalese rupee?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed rate, the value of the US dollar has risen and reached its highest point so far. According to the exchange rate, the buying rate of...

Most of the commercial banks have reduced the interest rate for the month of February, how much?

Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...