Two projects proposed in Investment Summit get Letters of Intent « Khabarhub
Saturday, July 20th, 2024

Two projects proposed in Investment Summit get Letters of Intent


03 July 2024  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Letters of intent have been received for two projects that were showcased in the Third Investment Summit held here on April 28 and 29.

Investment Board Nepal’s joint spokesperson Ramesh Adhikari said Soaltee Shivkrim Pvt Ltd, Tahachal presented the letter of intent for Janaki Heritage Hotel and Cultural Village and the Gansu-SS Landmark, Blue Bird Mall, Kathmandu registered the letter of intent for Babarmahal Administrative Plaza Project.

The estimated cost of the Janaki Heritage Hotel and Cultural Village Project is Rs 2.35 billion.

The Investment Board Nepal carried out a study on this project.

A proposal on the construction of this project has been proposed to develop Janakpurdham as a major tourism destination and to expand this area as an eco-tourism zone.

Similarly, a letter of intent was called through the Investment Summit for the construction of the Babarmahal Administrative Plaza to house various government offices.

The project is spread over 30,021 square meters area and its estimated cost is Rs 10.2 billion.

The Board had extended the deadline for the call for letters of intent for the 12 various projects under its jurisdiction.

It is said the pre-feasibility study of these identified projects has been completed and the works on the initial phase of their development have been moved forward.

Various 19 projects were showcased in the Investment Summit for mobilizing investment.

RSS

Publish Date : 03 July 2024 20:21 PM

Tourist arrival up in Chitwan National Park

CHITWAN: The number of tourists visiting Chitwan National Park increased

UML issues whip to support PM Oli’s vote of confidence

KATHMANDU: The ruling party, CPN-UML, has issued a whip to

Nepali Army in development activities: Opens 1,411 kms roads so far

KATHMANDY: The Nepali Army has opened 1,411 kilometres long track

Student protesters return to Bangladesh streets despite violent crackdown

KOLKATA, INDIA: Police and student activists in Bangladesh have been

Home Minister stresses on amendment to laws relating to security bodies

KATHMANDU: Home Minister Ramesh Lekhak has said that the government