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Politics

MoU signed to execute India-funded projects

Nepalkhabar

 |  Kathmandu

The Indian Embassy in Kathmandu and the Ministry of Federal Affairs of Nepal on Monday signed a Memorandum of Understanding (MoU) to execute three separate development projects in Nepal.

According to a press release issued by the Indian Embassy, three projects to be built under Indian assistance are: the construction of Shree Janata Belaka Secondary School building in eastern Udayapur district, the construction of Ngonga Thenchowk Chholing Meditation Centre in eastern Soulukhumbu district and the construction of Lisnekhola Tikasung Dangchet Jharlang Water Supply Project in south western Dhading district.

The estimated cost of the three projects stands at Nepali rupees 101.79 million, the embassy stated in a press release.

"The construction of the above projects will provide better education facilities, better health care facilities and safe drinking water facilities for the local community and improve the quality of life for people in Nepal," the release said.

Since 2003, India has taken up over 532 High Impact Development Projects (HICDPs) in Nepal and has completed 476 projects in the areas of health, education, drinking water, connectivity, sanitation and creation of other public utilities across all 7 provinces of Nepal at the grassroots level.

"As close neighbors, India and Nepal share wide-ranging & multi-sectoral cooperation. The implementation of these projects reflects the continued support of the Government of India in bolstering the efforts of the Government of Nepal in upliftment of its people," the embassy further said.  



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