China CAMC Engineering Co was awarded the contract for construction of Pokhara International Airport for USD217 million. Nepal’s Ministry of Culture, Tourism and Civil Aviation secretary Suresh Man Shrestha said construction of Pokhara Airport is expected to commence in mid Feb-2015. Mr Acharya stated he is confident the Pokhara construction committee will announce a development schedule by 22-Jan-2015.Jun-2014. Construction commenced on 13-Apr-2016Chinnedanda, 3km east of Pokhara’s existing airport. Apr-2019. Nepal's Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari reported up to 40 foreign investors expressed interest in the Nijgadh International Airport development project. The government allocated NPR500 million (USD4.9 million) for the project in FY2015. “So, the key to Nijgad’s success will be how fast the fast-track to the Tarai will be.” Minister Adhikari argues that only 10% of passengers flying into Nijgad will be to or from Kathmandu, the others will be using it to fly on to international destinations, or reach domestic points. New Pokhara will be equipped with a 10,000sqm international terminal and a 4000sqm domestic terminal.Feb-2019. Nepal Government prioritised the development of airports and re-branding of Nepal’s tourism industry in the national budget for the next fiscal year. The Government will invest in the expansion of Tribhuvan International Airport, regional international airports in Bhairahawa and Pokhara, and small airports in rural hill districts as it seeks to enhance airport capacity and facilities. New Pokhara International Airport’s construction will begin shortly after a USD216 million loan was finalised by Exim Bank of China on 11-Jul-2017. All rights reserved. The economic value of oxygen lost due to deforestation for Nijgad airport is huge: Rs 230 billion, and that is not counting the airport’s own carbon footprint. Nepal's Ministry of Culture, Tourism and Civil Aviation (MoCTCA) stated it plans to issue a LoI to finalise the construction modality for the Nijgadh International Airport development project in the near future.May-2018.
The majority of this website will not function as intended without JavaScript enabled. Nepal's Ministry of Culture, Tourism and Civil Aviation (MoCTCA) stated it plans to issue a LoI to finalise the construction modality for the Nijgadh International Airport development project in the near future.May-2018. You can also choose from our range of premium add-ons, including MRO Matrix, Route Maps, Fleet Data and more.Copyright © 2020. Nepal's Ministry of Finance recommended the Ministry of Culture, Tourism and Civil Aviation (MCTCA) use an engineering, procurement, construction and finance (EPCF) model for the Nijgadh International Airport development project. It is scheduled for completion in late 2020. Nepal's Minister of Culture, Tourism and Civil Aviation (MoCTCA) Yogesh Bhattarai reported New Pokhara International Airport development works may be completed by Dec-2020, significantly ahead of the project's Jun-2021 deadline.Jul-2019. Mr Adhikari confirmed the Nepal Government does not plan to provide funding to develop the airport and will instead rely on private investment. The city where the airport is located, lies in a valley at an altitude of 1300 meters above sea level. Nepal's Government commenced land clearance for the Nijgadh Airport project and allocated NPR500 million (USD5 million) for initial preparatory works.CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. Nepal’s PM K P Sharma Oli and his Cabinet decided on 05-May-2016 to initiate the land acquisition process for the development of Nepal’s second airport, Nijgadh International Airport, at the cost of USD1.2 billion.
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