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ECONOMY

Japan extends grant aid for implementation of rehabilitation of Sindhuli road

KATHMANDU, Oct 25: The Government of Japan has extended a grant assistance of Rs 1.085 billion to the Government of Nepal for the rehabilitation of the Sindhuli road affected by the 2015 earthquake.
Photo by: Dipesh Shrestha
By Republica

KATHMANDU, Oct 25: The Government of Japan has extended a grant assistance of Rs 1.085 billion to the Government of Nepal for the rehabilitation of the Sindhuli road affected by the 2015 earthquake.


Masamichi Saigo, Ambassador of Japan to Nepal, and Dr. Rajan Khanal, Secretary of the Ministry of Finance signed notes to this effect amid a special program organized at the Ministry of Finance on Thursday.


Likewise, another set of grant agreements for implementing the program was signed by Jun Sakuma, Chief Representative of JICA Nepal, and Shree Krishna Nepal, Joint Secretary of the International Economic Cooperation and Coordination Division of the Ministry of Finance.


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With this assistance, the Sindhuli road is expected to be beneficial for the people of Nepal by providing easy access to public services, such as schools and hospitals for the people residing in villages along this road corridor. It also promotes many industries such as agriculture, construction, tourism. Therefore, it is important the road is safe by this recovery plan, using Japanese road maintenance technology.


The government of Japan has believed that the objectives envisaged by the project will be achieved, and contribute towards further strengthening the relationship, friendship and cooperation between the people of Japan and Nepal.


 


 


 


 

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