KATHMANDU: Japan has agreed to provide a US $222 million (Rs 31 billion) loan to upgrade the Koteshwor intersection in Kathmandu. The Japanese Ambassador and the Finance Ministry Secretary signed the loan documents in Kathmandu. The project includes building a…

KATHMANDU: A road repair ambulance has come into operation in Kathmandu to fix potholes immediately. This service has been introduced for the first time in Nepal. Minister for Energy, Water Resources and Irrigation, Physical Infrastructure and Transport, and Urban Development…

KATHMANDU: Volkswagen has opened its first full-process R&D and testing center outside Germany in Hefei, China. The new facility spans about 100,000 square meters and includes more than a hundred advanced laboratories. It brings software development, hardware testing, and vehicle…

KATHMANDU:  Along with national security, the Nepal Army has been active in development work, especially in road construction across difficult terrain. The government has continued assigning the Army to build road sections that the Department of Roads has not been…

KATHMANDU: The government is preparing to speed up the upgrade of the Hetauda–Narayanghat section under the East-West Highway expansion plan. The 70 km road, currently two lanes, will be expanded into four lanes with concessional financing from the Asian Development…