The Government of Japan has decided to provide grant assistance of Rs 2. 6 billion to Nepal for "Emergency Rehabilitation of Sindhuli Road Affected by Floods”.
The signing ceremony was held in the presence of Finance Minister Rameshwor Prasad Khanal and Home Minister Om Prakash Aryal today.
Ambassador of Japan to Nepal, Maeda Toru, and Secretary of the Ministry of Finance, Ghanshyam Upadhyaya, signed the Exchange of Notes for the grant, according to a press release issued by the Embassy of Japan.
The Sindhuli Road is 160km long and links the mid and eastern Tarai with Kathmandu. Its construction had been supported by Japanese grant assistance (25.8 billion yen) from 1995 to 2015, and the road has contributed to the economic growth of Nepal.
Unfortunately, the road was seriously damaged by floods, which was caused by continuous heavy rains in September, 2024. More than 10km of the road was flushed and it has had a severe impact on the local economy and people’s lives as well as Nepali whole economy including trading and transportation.
The Government of Japan supports promoting road restoration and recovery through grant assistance. This road will continue to serve as an essential route, symbolizing friendship between Japan and Nepal.
The Embassy of Japan believes that this project will be instrumental for Nepal in achieving sustainable economic development and further deepening the cordial relationship between Japan and Nepal.