August 13, 2026, Thursday
English

Signing of two contracts worth USD 2.37 million under MCC for road maintenance

Main News Image

Kathmandu. MCA-Nepal has signed two important contracts worth about 2.37 million US dollars for the implementation of road maintenance work under the Millennium Challenge Corporation MCC Compact. On Monday in Kathmandu, MCA-Nepal signed an agreement for the road upgrading work using full depth reclamation and superpave technology in the road section of the East-West Highway from Dhan Khola to Lamahi during the implementation of the road maintenance project under the MCC Nepal Compact.

Similarly, MCA-Neal has recently entered into an agreement with International Consultants and Technocrats Pvt Ltd for the supervision of the road upgradation work of the said road section and the periodic maintenance work of the Narayanghat-Mugling road section. MCA-Nepal Executive Director Khadg Bahadur Bista informed that during the upgrading of the 40 km road section from Dhan Khola to Lamhi under the project, a seven-meter carriage way and a 2.5-meter shoulder will be constructed and the road will be widened to 12 meters. He said that he believes that the activities under the agreement will reduce business and vehicle operation costs and increase road safety.

mediabaaji add

Related News

Stock market is green on Thursday, 4.69 billion turnover as most of the company's prices increased

Kathmandu. On Thursday, the Nepal Stock Exchange NEPSE index rose by 14.17 points to 2,726.72 points. According to NEPSE, shares worth 4.69 billion rupees were traded on this day. In trading, the share price of 153 companies increased, while the s...

Nepal is stable in the corruption index, limited to 34 points for the second year in a row

Kathmandu. According to the Corruption Concept Index, 2025 published by Transparency International Nepal TI, Nepal has scored 34 points this year as well. The index has given an indication that there is no significant improvement in the situation...

The US dollar became the most expensive ever, the price of other currencies also increased at a high rate

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Thursday. Today, all foreign currencies rose in value, including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinars. The prices of all...

4.28 points decline in NEPSE, turnover of 4 billion 71 crores

Kathmandu. On the second trading day of the week, the NEPSE index decreased by 4.28 points to 2645.24. During the day, 18,60,828 shares of 325 companies were bought and sold, and over 4.71 billion shares were traded. T...

Snow Rivers will issue an IPO to the general public from May 29

Kathmandu. Snow Rivers Limited is going to issue an IPO for the general public from this 29th of Baisakh. The company has distributed the IPO to the Nepalis who are employed abroad and the project affected, and now it is going to be released to th...

The economy size has 61 trillion seven billion, growth 4.61 percent

In the last Fiscal Year 2081/82, Nepal's economic growth rate is equal to four decimals and the size of the economy 61.20 billion.