Nepal Today

Monday, May 6, 2013

UPDATE SHARE PRICES SLIP 6.01 POINTS Kathmandu, 6 May: Nepse closed at 481.93 points Monday after kosing 6.01 points. Altogether 842,221 stares were traded for Rs. 188.874 million in 742 transactions. nnnn DRY PORT CONSTRUCTION BEGINS IN BANKE Kathmandu, 6 May:: The process of constructing an International Trade and Transit Centre (dry port) at Banke district's border with India has been initiated as per the agreement reached between Nepal and India, RSS reports from Nepalgunj. The two close neighbours had signed the agreement related to the construction of the dry port in the border some nine years back. The task of demarcation has begun after the completion of the land acquisition. According to the District Administration Office, Banke, one third budget has been allocated for the protection of the land acquired for the construction of dry port at Jayaspur and Saigaun areas, west of the Nepalgunj Customs Office. The process of calling a tender for the construction of dry port has started, said Administrative Officer of the Office, Basanta Kumar Kanaujiya. As per the agreement, the Indian side shall take the responsibility of developing the infrastructures necessary for the construction of the dry port once Nepal manages land for the same. nnnn


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