Global Times

Dentifies three potential projects under Belt and Road initiative

-

als have identitial infrastruc­ture mplemented unork of the Chinaand Road (B&R) discussed by ofy include a crossrojec­t connecting uthwest China’s ous Region with Kathmandu; an mission line conng with Nepal's ading district, a neighborin­g district of Kathmandu, and the Sunsari-Marin Diversion Irrigation Project in eastern Nepal, according to a statement released by Nepal's Finance Ministry.

During a meeting of the Project Developmen­t and Facilitati­on Committee to implement the memorandum of understand­ing signed between Nepal and China related to the B&R, officials from ministries including finance, physical infrastruc­ture, transport, energy and tourism discussed the proposed projects.

"Although we have identified these as potential projects to be implemente­d under the Belt and Road initiative, we have not finalized them yet," Yugraj Pandey, undersecre­tary at Nepal's Ministry of Finance, told the Xinhua News Agency on Sunday.

At the meeting, Finance Secretary Shankar Prasad Adhikari urged officials from other government agencies to designate potential projects that are ready for implementa­tion within the next five days.

"A consensus reached among the officials is that the Finance Ministry will propose projects to the Chinese government based on national priorities and the needs of the country," the ministry said in the statement.

Also at the meeting, Economic Advisor to Nepali Prime Minister Gyan Chandra Acharya urged the ministries to propose projects that could promote connectivi­ty with productivi­ty to reap as much benefit as possible from the initiative.

Newspapers in English

Newspapers from China