Minister for physical planning and infrastructure development, Ramesh Lekhak said the government would now complete the fast-track road with domestic resources. The fast-track road would connect Kathmandu to Nijgadh in the southern Terai region, where a new international airport has been planned. According to a feasibility report prepared by the Asian Development Bank (ADB) in 2014, the road project was estimated to cost $960 million. Previously, the K.P.Sharma Oli government had decided that the road project would be constructed by Nepal, instead of providing the contract to the Indian company. They suggested the government to allocate all the unspent budget every fiscal year for the fast-track road project and complete it in a fast-track manner, the report said.
Source: Mint November 21, 2016 11:09 UTC