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Prabhu Group has expressed commitment to rise around Rs 1 billion for the construction of Kathmandu- Hetauda Tunnel Highway. The group signed a Memorandum of Understanding (MoU) last week to this effect with Nepal Purbadhar Bikas Company Limited (NPBCL), which is implementing the project. With this, NPBCL has got a promise of getting a total of Rs 2 billion within a month for the project. </p>
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Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
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According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
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Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
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The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
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<p>
Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
<p>
According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 . </p>
<p>
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance. </p>
<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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<p>
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<p>
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“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
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Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
<p>
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<p>
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<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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NPBCL Gets Rs 2 Billion Investment Promise Within 1 Month
1 min 47 sec to read
--By TC Correspondent
Prabhu Group has expressed commitment to rise around Rs 1 billion for the construction of Kathmandu- Hetauda Tunnel Highway. The group signed a Memorandum of Understanding (MoU) last week to this effect with Nepal Purbadhar Bikas Company Limited (NPBCL), which is implementing the project. With this, NPBCL has got a promise of getting a total of Rs 2 billion within a month for the project.
Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project.
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group.
According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 .
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance.
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said.
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries.
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016.
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></p>
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According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
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“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
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According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
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Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
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The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
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Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
<p>
According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 . </p>
<p>
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance. </p>
<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
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<p>
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<p>
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<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></p>
<p>
Prabhu Group has expressed commitment to rise around Rs 1 billion for the construction of Kathmandu- Hetauda Tunnel Highway. The group signed a Memorandum of Understanding (MoU) last week to this effect with Nepal Purbadhar Bikas Company Limited (NPBCL), which is implementing the project. With this, NPBCL has got a promise of getting a total of Rs 2 billion within a month for the project. </p>
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Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
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According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 . </p>
<p>
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance. </p>
<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></p>
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Prabhu Group has expressed commitment to rise around Rs 1 billion for the construction of Kathmandu- Hetauda Tunnel Highway. The group signed a Memorandum of Understanding (MoU) last week to this effect with Nepal Purbadhar Bikas Company Limited (NPBCL), which is implementing the project. With this, NPBCL has got a promise of getting a total of Rs 2 billion within a month for the project. </p>
<p>
Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
<p>
According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 . </p>
<p>
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance. </p>
<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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<strong><span style="font-size: 12px;">--By TC Correspondent</span></strong></p>
<p>
Prabhu Group has expressed commitment to rise around Rs 1 billion for the construction of Kathmandu- Hetauda Tunnel Highway. The group signed a Memorandum of Understanding (MoU) last week to this effect with Nepal Purbadhar Bikas Company Limited (NPBCL), which is implementing the project. With this, NPBCL has got a promise of getting a total of Rs 2 billion within a month for the project. </p>
<p>
Non-Resident Nepalis (NRNs) from Gemany, Switzerland, UK and Belgium have already promised for investment of Rs 960 million in the project. </p>
<p>
Officials of Prabhu Group said they will encourage Nepalis working in foreign lands to channelise their hard earned money in the productive sector. “This is a step toward encouraging Nepalis to invest the money received through remittance in productive sector,” Kusum Lama, vice chairman of Prabhu Group. </p>
<p>
According to NPBCL, an investors willing to invest in this project should put in at least Rs 10,000 . </p>
<p>
The Group has also said that it would provide loan to people who are interested to invest in this project through Prabhu Finance. </p>
<p>
“But as most of the remittance comes from Nepalis working in Gulf countries and Malaysia, where their earning is relatively low, officials of NPBCL should assure them that their investment is in safe hands,” Devi Prakash Bhattachan, chairman of Prabhu Group, said. </p>
<p>
According to officials of Prabhu Group, they would request about 300,000 Nepali to invest in the project through outlets of Prabhu Money Transfer in foreign countries. </p>
<p>
Speaking on the occasion, Kush Kumar Joshi, chairman of NPBCL said construction works on the mega project would begin from mid-July if weather permits. The project is expected to be completed in December 2016. </p>
<p>
The 58-km highway with tunnel, which will link Kathmandu with Hetauda, is estimated to cost Rs 34.5 billion. The project is being executed under the private, public and people´s partnership (4Ps) model based on the Private Financing in Build, Own, Operate and Transfer Act 2006 (BOOT Act).</p>
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