Chinese team studying feasibility of regional airport

Chinese team studying feasibility of regional airport

Pokharā : Nepal | Oct 13, 2011 at 1:25 AM PDT
Views: Pending

The Export-Import (EXIM) Bank of China has started studying the feasibility of the proposed regional-level international airport in Pokhara. A team from the bank´s credit department is currently in Pokhara for the study.

Pratap Babu Tiwari, chief of Civil Aviation Office, Pokhara said the team led by Li Dan, assistant general manager of the bank, will study whether or not its investment in the project will be profitable. The team held discussion with local stakeholders on Wednesday.

Tiwari said the team will prepare its report after collecting information on geographical features, traffic flow and management and investment environment. The bank will decide whether or not to invest in the project after studying the report.

“Chinese officials have told us that the bank has put the project in its priority. We are hopeful of attracting Chinese investment in the project,” added Tiwari.

Civil Aviation Authority of Nepal (CAAN) has already forwarded preliminary report of the project to the Chinese government. Tiwari said Chinese officials have told him that the study will be completed in a few months.

The government had acquired 3,106 ropanis of land for the project about 35 years ago. The estimated investment cost of the project is Rs 13 billion. Upon completion, the airport will have the capacity of handling up to Boeing 757 sized aircraft.

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Chinese Resturant, Pokhara
Chinese Resturant, Pokhara
From: Peter Verkhovensky
Bikash is based in Kathmandu, Kathmandu, Nepal, and is a Reporter on Allvoices.
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