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Posts tagged as “projects”

Projects with Chinese Loans: One complete, eight running at adequate pace

by Jagaran Chakma in The Daily Star, Aug 22, 2023One of the development projects undertaken on Chinese loans has been completed while eight others are being implemented in full swing following a prolonged hiatus for the pandemic, said relevant officials and Economic Relations Division (ERD). A memorandum of understanding titled “Strengthening investment and production capacity cooperation”, comprising 27 projects and a cost of $20 billion, was signed during Chinese President Xi Jinping’s visit to Bangladesh…

Bangladesh seeks to drop 4 more Indian LoC-funded projects

by Jahangir Shah in Prothom Alo, Aug 20, 2023Bangladesh has apparently lost its interest in undertaking projects under the Indian Line of Credits (LOC). It has already withdrawn eight projects from the Indian cluster loan during the last three years, while the authorities proposed withdrawal of four more projects. The situation is largely attributed to a range of factors, including strict loan terms, high demands of contractors, and hassle of taking approval at every point,…

Farms turn into housing as irrigation is delayed

report in The Kathmandu Post, Aug 13, 2023Parched farmlands in the western Tarai face an uncertain future as the irrigation projects intended to bring water have not been completed even after 40 years. Experts say that it may take another 10 years before these schemes in Banke, Bardiya, Kailali and Kanchanpur districts are ready. That gives the national pride projects a completion deadline of half a century. The Sikta Irrigation Project is designed to irrigate…

China pledges Rs145 million aid for Nepal’s seven provinces

by Anil Giri in The Kathmandu Post, July 25, 2023The visiting Chinese delegation led by Yuan Jiajun, a politburo member of the Communist Party of China, has pledged Rs145 million (eight million yuan) to carry out various agriculture-related projects in all seven provinces of Nepal. The projects will be funded through the China-South Asian Countries Poverty Alleviation and Cooperative Development Centre, headquartered in Chongqing, China. Yuan, who is tipped as a future leader of China,…

Ten thousand foreign workers in Nepal, highest from China

report in The Himalayan Times, Apr 4, 2023Nepal largely depends on technical human resources from foreign countries for the implementation of big projects. According to official data, skilled human resources required for various large projects here are hired from other countries. The Department of Labour and Occupational Safety said workforce from around 100 countries in the world are currently engaged in various projects in Nepal and the Chinese make up the highest portion. Likewise, workers…