According to the agreement, an 8.2-kilometer road and bridge will be constructed from Kalanki to Basundhara in the second phase of the ring road expansion.
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The agreement on assistance under the second phase of the ring road expansion was formally concluded on Wednesday. The agreement was signed between Minister for Physical Infrastructure, Transport and Urban Development Sunil Lamsal and Chinese Ambassador to Nepal Chang Maoming.
According to the agreement, 8.2 kilometers of roads and bridges will be constructed from Kalanki to Basundhara in the second phase of the ring road expansion. The Chinese government will provide a grant of about 11 billion rupees for this project.
Earlier, the road expansion from Koteshwor to Kalanki, which was started in 2019, has been completed in the first phase. After the agreement, Minister Lamsal expressed his commitment to resolve any problems that arise during the implementation of the project within a day and provide necessary facilitation. He stated that the construction of the north-south road is a priority of the government and expressed his expectation for additional investment from the Chinese government in Nepal's infrastructure development.
Similarly, Chinese Ambassador Maoming said that many Chinese investors are willing to invest in Nepal if a suitable investment environment is created.
