As the Nepali Government grappling with improving airport facilities in the country, the Asian Development Bank (ADB) has come forward to help.<\/p>\n
The ADB has approved a concessional loan worth USD 150 million (approximately NPR 17.85 billion) to the Nepali Government for the improvement of Tribhuvan International Airport (TIA) and Gautam Buddha Airport (GBA).<\/p>\n
According to the statement by the ADB, the loan will support:<\/strong><\/p>\n “ADB’s support will improve the TIA’s safety, capacity, and operational efficiency. Besides, the new GBA international terminal will play a key role in boosting regional tourism in and around Lumbini,” said Kai Wei Yeo, ADB Senior Transport Specialist for South Asia.<\/p><\/blockquote>\n \u201cThe project will help revive the country\u2019s tourism industry<\/a> and address the long-term negative effects of the COVID-19 pandemic,\u201d he added.<\/p>\n <\/p>\n Tribhuvan International Airport in Kathmandu is the only international airport and a major hub for domestic air transport in the country.<\/p>\n Also Read | Kathmandu: Nepal\u2019s City of Glory!<\/a><\/strong><\/p>\n The Gautam Buddha Airport<\/a> in Lumbini is currently being upgraded to serve as an alternate international airport in the country. It is scheduled to begin in March 2021.<\/p>\n <\/p>\n Stay Tuned to NepaliSansar for the latest Nepali news<\/a>!<\/strong><\/p>\n More News:<\/strong><\/p>\n As the Nepali Government grappling with improving airport facilities in the country, the Asian Development Bank…<\/span><\/p>\n\n
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