KATHMANDU: The estimated cost of the under-construction fast-track that connects the Kathmandu Valley and Tarai-Madhes has climbed to Rs 2 trillion. It will take around two years to complete the project, a report in Kantipur daily said.
According to the Detailed Project Report (DPR) recently submitted by Korean construction company Susurung, the total cost for fast-tract construction would reach Rs 2 trillion and take two more years to complete the project, a high level Nepali Army source said.
Earlier, Indian company IL and FS had projected Rs 112 billion as the estimated cost for the remaining construction of the fast-tract, which is less by 88 billion than the estimated cost projected by the Korean company.
Yam Prasad Dhakal, spokesperson of Nepal Army, said that the DPR has been sent to the Council of Ministers through the Ministry of Defense for approval.
Nepal Army has been constructing the fast-track which is 72.8 kilometers.
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