Rs 7b for construction, upgradation of airports

Rs 7b for construction, upgradation of airports

Jul 13, 2014-

The government has allocated Rs 7.08 billion budget for the construction and upgradation of various airports across the country.

The government plans to upgrade airports in Janakpur, Bhadrapur and Surkhet with night facilities.

The budget for the fiscal year 2014-15 unveiled on Sunday has earmarked Rs 500 million for initiating preliminary work on the second international airport in Bara, Nijgadh. It plans to relocate around 1,200 squatters from the airport construction sites.

The budget has given special focus to promoting the Great Himalaya Trail, one of the longest and highest walking trails in the world that stretches from Taplejung in east to Darchula in west.

The government, in an effort to strengthen the fleet of the ailing Nepal Airlines Corporation, would add 22 new aircraft (15 for domestic and 7 for international fleets) by the next five years

The government has decided to waive off cent percent income tax for the next 10 years for tourism entrepreneurs constructing luxury resorts on the banks of Rara and other major lakes.

Published: 14-07-2014 10:21

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