NEFPORT ISSUE 49 – JUNE 2022
Infrastructure and Real Estate The review period witnessed many major infrastructure projects coming into operation. The long awaited Melamchi Project, resumed water supply to fulfill demand for drinking water in the Kathmandu Valley. The Chobar Dry Port, build to help stimulate the foreign trade has also come into operation. Similarly, with the Gautam Buddha International Airport coming into operation, which will act as an alternate landing zone to Tribhuvan International Airport (TIA) and is expected to ease pressure from TIA. Infrastructural projects to improve connectivity with projects like Madan Bhandari highway and road upgrade at Dharke-Sitapaila section are also taking place. Land Transaction and Revenue Collected According to the Department of Land Management, during the two months of the review
Figure 15 Total number of Land transaction and Land Revenue collected
Source: Department of Land Management and Archive
period, a total of 258,237 land transactions were made, and NPR 10.538 billion (USD 85.816 million) revenue was collected. The total number of transactions decreased by 31%, whereas the
FACTSHEET Total Length of Road
33,871 km192 Black Topped Road
16,939 km 193 Graveled Road
8,111 km 194 Earthen Road
8,821 km195 Railway track construction
56 km 196 Track Bed construction
50.5 km197 Global Competitiveness Index Indicators (Quality of infrastructure) 2019
Rank 112, Score 51.8198
revenue collected decreased by 18% compared to last year's review period. In the previous year, the months of May and April had a drastic fall in terms of the number of land transactions and
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