Tuesday, January 9, 2024

TRS Atlas to operate Nepalgunj ICP

 Kathmandu, Jan. 3

Nepal Intermodal Transport Development Board (NITDB) informed that the Integrated Check Post (ICP) at the Nepal-India border in Nepalgunj will be operated by TRS Atlas Logipark Pvt. Ltd, managed by Atlas Terminial JV.

Issuing a statement on Wednesday, the agency under the Ministry of Industry, Commerce and Supplies, said that to companies, Atlas and Trans Nepal Freight Services Pvt. Ltd. had participated in the bidding process to obtain the management of the ICP. The agreement with the company was signed on November 8, 2023.

The company will operate the trade facility for five years from the date of handover and will pay Rs. 208.8 million in rent to the government while the fees and charges will be shared as per the rules.

Ashish Gajurel, Executive Director of the NITDB, said that currently Nepal has eight ports and all have been handed over to the private sector for management and operation.

When he joined the Board 3 years ago, there were 6 ports under the NITDB and four of them were being operated and managed by the private sector and the remaining two were managed by the Board itself.

"The ports have been successfully operated by the private sector through the public private partnership (PPP) model," said Gajure..

The NITDB had called for a bid to operate the ICP in Nepalgunj in June last year. The ICP was developed with the economic and technical cooperation of India. However, water tank, CCTV, networking, and fire-fighting system are still under construction.

The facility was jointly inaugurated virtually by the prime ministers of Nepal and India, Pushpa Kamal Dahal 'Prachanda' and Narendra Modi during the former's visit to India in May-June 2023. 

Published in The Rising Nepal daily on 4 January 2024.  

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