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Private Sector Participation in Transport Infrastructure Development in Nepal

Private Sector Participation in Transport Infrastructure Development in Nepal

This study report focuses on transport infrastructure as access to quality and affordable transport infrastructure is a pre-requisite for generating economic activities, reducing poverty and delivering services to ensure a basic standard of living.However, in the light of the fact that investment in transport infrastructure is inadequate compared to the desired rate of economic growth and utilization is a key issue in road transport sector, focus is set on private sector involvement.Public Private Partnership (PPP) in infrastructure development is also discussed in the report. Recommendations have been proposed to help transport infrastructure increase economic activities and returns for people and involve private sector to help fulfill the resource gap.

“With the advent of democracy, Nepal tried the path of planned development since 1956. As of 2012, twelve periodic plans (five year and three year plans) have been implemented where infrastructure development has largely remained among the top priorities along with agriculture and poverty reduction. The reason for infrastructure being on top priority has been obvious, as without infrastructure other key sectors such as agriculture, effective service delivery in education and health, poverty reduction and economic growth cannot materialize.” – An excerpt 

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