SEZ construction gains momentum at Panchkhal « Khabarhub
Wednesday, July 24th, 2024

SEZ construction gains momentum at Panchkhal

14 December 2019  

Time taken to read : 2 Minute

  • A
  • A
  • A

KAVRE: The construction of Special Economic Zone (SEZ) is gaining momentum at Panchkhal in Kavre.

The SEZ is being constructed at around 1,000 ropanis of land at wards 7 and 8 of Panchkhal.

Currently, its main administrative building is under construction. Budget amounting to Rs 120 million was allocated for the building construction in the current fiscal year. Wall construction is also taking place side by side at the cost of Rs 30 million.

It may be noted that the process for the SEZ construction was initiated when the Ministry of Forest directed the District Forest Office to provide land some eight years ago.

Owing to several legal hassles, the process could not take headways in the meantime, shared Pushkar Dhakal, ward chair of Panchkhal municipality-7.

The industries based in SEZ would focus on export-based production. A plan has been developed in a way that 70 percent of the product would be exported while 30 percent to be consumed within the country.

Publish Date : 14 December 2019 07:51 AM

PM Oli calls emergency Cabinet meeting

KATHMANDU: Prime Minister (PM) KP Oli has called an emergency

Nepal’s struggle with air crashes: A timeline

KATHMANDU: Air crashes persist as a challenge in Nepal. Factors

Parent and minor die in Saurya’s Airlines plane crash

KATHMANDU: A devastating accident involving a Saurya Airlines plane en

Flights resume at TIA

KATHMANDU: The Tribhuvan International Airport (TIA) which was shut in

Prachanda highlights Maoist Center’s contribution to good governance

KATHMANDU: Chairman of Maoist Center, Pushpa Kamal Dahal ‘Prachanda’, asserted