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Kathmandu, Nepal: The Japan has pledged to extend a grant assistance of Rs 1.832 billion to Nepal for implementation of two different ODA Projects in Japan’s Fiscal Year 2016.
The grant assistance was announced amid a function organized in Kathmandu on Wednesday to celebrate the 60th anniversary of the establishment of diplomatic relations between Japan and Nepal.
Japanese Ambassador to Nepal Masashi Ogawa and Finance Secretary Lok Darshan Regmi signed in the agreements.
Likewise, at the same function, JICA Nepal Chief Jun Sakuma and Joint-Secretary at the Ministry of Finance Baikuntha Aryal also signed the grant agreements for smooth implementation of the projects.
The Embassy of Japan in Kathmandu has informed that Deputy Prime Minister and Minister for Finance Krishna Bahadur Mahara and Japanese State Minister for Foreign Affairs Nobuo Kishi were present on the occasion.
It is stated that Rs 1.518 billion of the grant would be spent for the implementation of the Project for Improvement of Aviation Safety Facilities in Major Airports.
For the improvement of aviation safety facilities in Nepal, the Project will install a Localizer (LOC) with Terminal Distance Measuring Equipment (T-DME) at Tribhuvan International Airport (TIA); install VHF Omni-directional Range/Distance Measuring Equipment (VOR/DME) at Chadragadhi and Dhangadhi Airports; install VOR/DME Test Rack at the Navigation Aid Maintenance Section at Sinamangal, Kathmandu; supply and replace equipment to enhance capacity at the Civil Aviation Academy, Sanothimi, and install other necessary equipment, such as Runway Threshold Identification Lights, Runway Threshold and End Lights, Runway Edge Lights, and Solar Power Supply Systems at Lukla, Jomsom, Jumla, Rara and Simikot Airports, based on the plan/design envisage by this Project, The Japanese Embassy in Kathmandu has informed.
Likewise, Rs 313 million of the assistance would be spent for the implementation of the School Sector Development Program (SSDP).
It is said that the purpose of the assistance is to improve the safety and efficiency of air transport in Nepal. ‘As a result of this project, aviation safety will be significantly enhanced at the eight selected airports,’ reads the statement issued by the Japanese embassy in Kathmandu.
