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.