The Investment Board of Nepal (IBN) and Nepwaste, a Finnish joint venture, have joined in a Public Private Partnership (PPP) for the management of solid waste in the Valley, reports The Kathmandu Post.
Why it matters:
- With this agreement, people in the Valley will get services like door to door collection of waste, street sweeping and cleaning of riverbanks, surface drainage and public places like temples.
- And in return, people have to pay Rs. 219 per month as waste collection service fees.
- According to the agreement, the project will be handed over to the government after 20 years of commercial operation.
- The project worth $50 million will be executed after the municipalities approve the project.
- Nepwaste package will collect waste from Kathmandu district and process it at Banchare Danda.
- It is aiming to replace the present practice of solid waste management- street sweeping, collection and disposal by a resource-oriented and sustainable practice of reducing, reuse and recycle for Kathmandu metropolis and 9 other municipalities.
- Redmi Note 8 Pro: Keep Calm The Mid-range Beast is Coming in Nepal SoonXiaomi has been unstoppable with its Redmi series. Among, the standout Redmi phones, the Redmi…
- Samsung Mobiles Price in NepalReview of: Samsung Mobiles Price in Nepalproduct by Samsung: NishanVersion:LatestPrice:Rs. 9390 to Rs. 154500Reviewed by:…
- Hero Scooters Price in NepalReview of: Hero ScootersVersion:Latest & UpdatedPrice:Rs. 164000 to Rs. 206000Reviewed by: Abhishek GuptaRating:4On October 18,…