Thursday, August 22, 2019

Seven companies express interest to build NIA

Kathmandu: Seven companies from six countries, including Nepal, have shown an interest to build the Nijgadh International Airport (NIA) in Bara district.

The companies from Nepal, China, India, France, Qatar and Switzerland have submitted their proposals to the Investment Board Nepal (IBN).

An official from the IBN said that the process to shortlist the candidates is underway. “We are going through the proposals submitted by the respective firms and will submit the names of the shortlisted companies in the next full meeting of the board,” the official added, seeking anonymity.

As per the official, Matrix Enterprises of Nepal, China Airport Construction Group and China State Construction Engineering Company from China, GMR of India, Qatar Airways, Vinci Group of France and Zurich Airport of Switzerland have submitted the construction proposals of the project.

“The Nepali company has not fulfilled the basic criteria in its proposal to build NIA, whereas the other companies have presented proposals that are in line with the IBN’s expectations,” he added.

The estimated cost of the project stands at Rs 340 billion ($3 billion). The final decision regarding the construction of the airport will be made in the next board meeting chaired by Prime Minister KP Sharma Oli.
22/08/19 Himalayan Times
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