November 23, 2021 | Investopaper
About one-fourth of the construction work of the Nagdhunga-Naubise tunnel project has been completed. So far, the overall physical progress of the project has reached 23 percent. Currently, 600 workers are working on the project daily.
The project aims to build two tunnels of 9.5 meters and 4 meters. The project has targeted to complete the construction by April 2023. The tunnel is 2.68 km long. There will be two lanes with a width of 3.5 meters.
The contract to build the project has been awarded to the Japanese company Hazama Ando Corporation. The Japanese government has agreed to provide a 40-year loan at 0.01 percent interest to build the tunnel. The project will cost a total of Rs. 22.5 billion, including a loan of Rs. 16.5 billion from the Japan International Cooperation Agency (JICA) and Rs. 6 billion from the Government of Nepal.
The foundation stone for the project was laid by then Prime Minister KP Sharma Oli on Karthik 4, 2076 BS.