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Nepal Railway Company Preparing for a Land Management Master Plan

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Nepal Railway Company Preparing for a Land Management Master Plan
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December 8: Nepal Railway Company Limited, which is back in operation after six years, has started focusing on commercial use of land in railway stations including Janakpur.

The company which was revived to operate the Janakpur-Jaynagar Railway is planning to take commercial advantage of the land it owns.

The company informed that it will search and record the company's assets and determine how to use such assets for commercial purpose.

The company informed that the former property of Amalekhgunj-Raxaul Railway will be used for suitable commercial use in the action plan of the current fiscal year 2077/78.

According to the first quarterly progress report of the current fiscal year, the company has mentioned that the historical steam locomotives and the physical infrastructure of the railways will be preserved.

Guru Bhattarai, general manager of the company, informed that preparations have been made to bring the lands used by various ministries and other public bodies in the name of the company.

“The company is preparing to make a master plan to consolidate all the assets in the name of the company as it has not been able to take full advantage of the assets worth billions of rupees,” he added.

 

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