Saturday, December 20, 2025

CNI, NIFRA to collaborate in building industrial zones

Kathmandu, Dec. 19

The Confederation of Nepalese Industries (CNI) and Nepal Infrastructure Bank Limited (NIFRA) have agreed to establish and operate industrial zones.

The agreement has been signed to construct and manage industrial zones under the public-private partnership (PPP) model, as announced by the government, CNI informed in a statement on Friday.

Dr. Ghanashyam Ojha, Director General of CNI, and  Surya Bahadur Tamang, Deputy CEO of NIFRA, signed the agreement.  

As per the agreement between the two institutions, the industrial zone in Shaktikhor will be prioritised for construction and operation under the PPP model. Similarly, the construction and operation of industrial zones in Mayurdhap of Hetauda and Motipur of Rupandehi will also be carried out through cooperation between CNI and NIFRA.

In line with the government’s announcement to allow the construction and operation of industrial zones under the PPP model, CNI has reached this understanding with NIFRA to begin the development of these zones.

With this agreement, the private sector will jointly urge the Government of Nepal to allow the construction and operation of industrial zones under the public-private partnership model.

On the occasion, President of CNI  Birendra Raj Pandey stated that initial work would soon begin in collaboration with NIFRA for the construction and operation of industrial zones. He described the agreement between CNI and NIFRA as highly significant.

CEO of NIFRA Krishna Bahadur Adhikari mentioned that NIFRA views this agreement with CNI as a starting point for the development of industrial zones. He expressed confidence that the collaboration would advance the PPP concept with the support of the Confederation.

General Manager of Industrial Zone Management Limited Padam Oli said that the agreement would send a positive message, as the government had announced the inclusion of the private sector in the development and operation of industrial zones under the PPP model.

Published in The Rising Nepal daily on 20 December 2025.

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