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Construction of Kathmandu View Tower at snail’s pace

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KATHMANDU — Construction of Kathmandu View Tower at the Old Bus Park in Kathmandu is at a snail’s pace which will likely to delay the project completion on given time, said the Kathmandu Metropolitan City.

Now building foundation for the project is on, which is in the first phase, said KMC’s Public-Private Partnership Unit Chief Mahesh Kafle.

“The project will not complete in time as the construction is slow,” Kafle said.

The project was signed on March 6, 2015 between the Jaleshwor Swochchhanda Bikoi Builders Pvt. Ltd. and the KMC with the completion target of five years.  A total of workers are at work at present.

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The initial plan was to build a 29- storey building, but the project was reduced to 12 floors following the earthquake of April, 2015. The project will occupy approximately 23 ropani of land.

The construction company will have to pay an annual rent fare of Rs 9.8 million in the course of the construction, and the rent fare will increase to Rs 23.5 million annually.

Royalty will be increased five percent every year. The contractor will hand over the project to the KMC after 30 years.

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Yeti Airlines adds third ATR 72 aircraft

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KATHMANDU — Yeti Airlines has added third ATR 72-500 aircraft to its fleet. With the addition of this aircraft, Yeti Airlines will expand its ATR72 operations to Bhadrapur and Pokhara and will help facilitate Nepal achieve its target of 2 million tourist arrivals by the year 2020, according to statement released by the company.

The aircraft landed in Kathmandu airport after its approximately 1,450 hours flight from France-Toulouse-Italy-Egypt via Muscat, read statement issued by the Yeti Airlines on Tuesday.

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Captains Pramod Poudel, Ramod Kunwar Shrestha and Surendra Kunwar; flight dispatcher Santa Prajapati, Senior Engineer Suresh Kumar Bajracharya and CAAN representative Bharat Raj Parajuli were onboard the plane.

Yeti Airlines has purchased this ATR72-500 aircraft from KF Turbo Leasing Limited and will be one of the youngest ATR72 aircraft operating in Nepal.

The ATR72-500 is a twin-engine turboprop aircraft manufactured by the French-Italian consortium ATR.

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