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Posts tagged as “shaping”

Debt hole: China-built Pokhara international airport may become Nepal’s Gwadar Port

report in Times of India online, Oct 16, 2023 at 10.49 PM ISTNEW DELHI: Nepal’s very expensive Pokhara international airport is shaping up to be an economic albatross for the cash-strapped nation and has saddled it with debt to creditors in Beijing for years to come. The fate of the airport strongly parallels that of Gwadar Port in Pakistan which was built under China’s Belt and Road initiative (BRI). The multi-billion dollar port has failed…