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July 24: The construction work of Special Economic Zone (SEZ) will begin from the current fiscal year at Panchkhal. Land acquisition of 50 hectres of community forest of Pandula, situated in Hokse VDC Ward no. 4 and Panchkhal Municipal ward no. 7 has already been done for the construction of SEZ. According to Chandi Prasad Bhatta, Executive Director of the SEZ Development Committee, budget of Rs 46.2 million has been allocated for this project. "The budget will be used to build a boundary wall and other infrastructures. The total cost of the project is expected to be Rs 1.2 billion", he added.
According to the local residents, the construction of Panchkhal SEZ had been in vain for long time. However, the interaction meeting between SEZ development committee and stakeholders, held last week revived the hope of SEZ construction. Secretary of Ministry of Industry Surya Prasad Silwal, former commerce secretary Purswottam Ojha and Chairman of Dhulikhel Chamber of Commerce and Industry Dil Sundar Shrestha participated in the meeting. The participants requested Executive Director Bhatta to proceed the construction work in a quick pace.
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