Kathmandu, July 27
Nepal Infrastructure Bank Limited (Nifra) has
assigned a Memorandum of Understanding (MoU) with Panchkhal Municipality for
the development of urban infrastructure.
The aim of the understanding is to support in
development and construction of urban infrastructure project. The project is
the strategic plan of the municipality proposed to facilitate the local people
in their daily life.
The bank will provide technical assistance to the
municipality in economic feasibility study, technical analysis, detail project
report and marketing of the project.
Mayor of Panchkhal Mahesh Kharel and Nifra’s Chief
Executive Officer Ram Krishna Khatiwada signed the MoU.
The bank established as a public-private partnership
institution is set to collaborate in various provinces and local bodies in
development projects.
Published in The Rising Nepal daily on 28 July 2021.
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