Sunday, May 22, 2016

Engineers sided with the govt in Ktm-Terai Fast Track

Kathmandu, May 21: Engineers have given thumbs up to the government's decision to build the Kathmandu-Terai Fast Track road on its own.
Airing their views on the much-talked about project, the engineers had welcomed the government's move to mobilize the domestic resources to construct it but insisted that it required innovative approach.
Their support for the construction of crucial road that drastically cut short the distance between the capital and the southern plains came as a boosting to the government that is in the firing line from the main opposition Nepali Congress for not awarding the project to a consortium of Indian companies that had carried out the detailed project report.
Indian companies led by Infrastructure Leasing and Financial Services (IL&FS) had developed the national pride project.
"Constructing the Fast Track on our own is a welcoming decision but new innovative approach  should be applied while building the project because the traditional project development methods have failed," president of the Nepal Engineers Association (NEA) Dhruba Thapa said at an interaction on 'Engineers' view on Kathmandu-Terai Fast Track road', organized by the NEA here Saturday.
After more than five years of dilly-dallying about the building and financial modality of the project, the KP Sharma Oli administration has announced to build the expressway.
Terming the project 'ambitious', Secretary of Ministry of Physical Infrastructure and Transport Arjun Karki said that in order to lead the country in the path of development, the government should be ambitious.
"Managing financial resource for the Fast-Track Project is not challenging. We have enough liquidity in our banking and financial system. On the other hand, there is enough space for borrowing," he said.
Karki said that the country had loans liability equal to about one quarter of the Gross Domestic Product which could be raised up to 50 to 60 per cent. "It can be built in five years by allocating Rs. 20 billion every year."
Saying the infrastructure development should not be the issue of debate, the former chief of Tamakoshi Hydropower Project, the largest infrastructure project in terms of investment which is being developed by the government itself, said, "Whatever be the financing and development strategy of the Fast-Track Road Project, it should be completed within 5 years."
The government has allocated Rs. 2.53 billion for the Fast Track project in the past eight years and spent Rs. 2.76 billion.
Nepalese Army has opened 80 kilometres long track of the multi-billion rupees project.
"Army completed track opening a couple of years ago. It asked the government for additional budget to make the track motorable so that the road can be used but the government then refused to disburse additional budget hoping that it would soon get a developer for the project," informed Uddhav Bista, head of Nepal Army's Directorate of Development and Construction.
Army completed the track opening in 2013. It spent Rs. 994 million in the job.
He said that the government should make a clear plan for soil disposal management, landslide control and security of developer and workers due to the difficult topography and lack of public land area.
Shankar Nath Rimal, past president of NEA, said that the government should move the project ahead with the formulation of high-powered body.
Likewise, Kishor Thapa, an expert member of the National Reconstruction Authority and former secretary of the government, said that the country needed the shortest access to the Terai along with the Simara Intarnational Airport – the planned second international airport.
Satyendra Shakya, chief of the Kathmandu-Terai Fast Track Road Project informed that Rs. 866.6 million was spent in land acquisition for the road.
"Land acquisition in most of the areas, except Khokana-Bungmati 6.4 km section, has been completed. According to rough estimates, Rs. 2.5 billion is needed to pay compensation for the first 64 km area."

Shakya informed that Rs. 1 billion, the budget allocated to the project for the current fiscal year, would be spent in land acquisition. 

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