In a latest move facilitating trade from Nepal, the Prime Minister KP Sharma Oli laid the foundation stone for the construction of the Inland Clearance Depot (ICD) in Chobhar.<\/p>\n
Addressing at the event, Oli urged the Nepal Intermodal Transport Development Board (NITDB) to ensure that the project implementation will be a sustainable and reliable solution for the country\u2019s trade movement.<\/p>\n
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\u201cSince this project is of great importance, regular inspection and evaluation of the project will be conducted. With optimum effort on the government\u2019s side, I hope this project will be an exemplary one,\u201d says Oli<\/span>.<\/p><\/blockquote>\n
Speaking on the occasion, Finance Minister Yuba Raj Khatiwada and Commerce & Supplies Matrika Prasad Yadav expressed hope that dry ports and related infrastructure will facilitate businesses and transportation business of the country.<\/p>\n
The dry port is expected to bring in a relief for easy movement of goods and services in and out of the Kathmandu Valley<\/a>, upon the implementation of the Kathmandu-Tarai Expressway to be completed in 19 months.<\/p>\n
The port is being built in around 11.77 hectares of land and is getting USD 22 million fund assistance from the World Bank.<\/p>\n
The new dry port is part of the Nepal-India Regional Trade and Transport Project.<\/p>\n
The complete port setup includes fully-equipped warehouses, administrative buildings for customs, quarantine, parking lots, bank and other facilities required for customs clearance, along with the office of NITDB.<\/p>\n
The port holds capacity to accommodate 626 20-feet containers and 205 trucks in its parking lots, loading and unloading facilities and 6 warehouses.<\/p>\n
Considering the current trade scenario, the new depot has been designed to fulfil the traffic flow until 2039.<\/p>\n
NITDB is also ready with a master plan for the development of the International Exhibition Venue along with ICD in 1,054 ropani of land owned by the Ministry of Industry, Commerce and Supplies in Chobhar.<\/p>\n
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Hope the new developments will add to the government\u2019s plans to boost Nepal\u2019s trade<\/a> while addressing the existing concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a latest move facilitating trade from Nepal, the Prime Minister KP Sharma Oli laid the…<\/span><\/p>\n