The Japan International Cooperation Agency (JICA) signed a Loan Agreement (L/A) with the Government of Nepal for the “Koteshore Intersection Improvement Project” in Kathmandu, the capital city of Nepal, on December 3. The L/A was signed between Mr. Dani Ram Sharma, Director General, International Economic Coordination Bureau, Ministry of Finance, Nepal, and Mr. Mizuki Matsuzaki, Director General, JICA Nepal Office.
This project is connected to the “Kathmandu-Bhaktapur Road” connecting the capital city of Kathmandu and the tourist city of Bhaktapur, which was developed through Japanese grant aid, and the “Sinzuri Road” connecting the Kathmandu Basin and the East Tarai region, symbolizing the friendly relationship between Japan and Nepal. It is one of the integral supports of the eastern route, symbolizing the friendly relationship between Japan and Nepal.
Signing Ceremony
A summary of the business is as follows
Project Summary
Cotechor Intersection Improvement Project
Koteshwor Intersection Improvement Project
Country (Region)
Nepal (Kathmandu Metropolitan Area)
Business Objectives
This project aims to smooth traffic flow and alleviate traffic congestion in Kathmandu City by upgrading three intersections at Tinkune, Koteshore, and Jadibuti intersections, thereby contributing to the economic growth of Kathmandu Metropolitan Region and improvement of the urban environment.
Business
(a) Multi-leveling of Coteşor, Tinkne and Jadibuti intersections and widening of existing roads.
(b) Consulting services (detailed design, bidding assistance, construction supervision, etc.)
Loan amount (maximum)
34.49 billion yen
Interest Rates
Main body: 0.2% Consulting services: 0.2
Redemption period
40 years (including 10 years of deferment)
Procurement Conditions
General untied
Implementing Agency
Ministry of Infrastructure, Transport and Highways
Contribution to the achievement of the SDGs
Goal 9 (Create a foundation for industry and technological innovation)
Goal 11 (Create a community where people can continue to live)
Schedule for future project implementation (tentative)
Project completion date: February 2034 (project completion at the time of facility provision)
2. expected date of sending invitation for consulting services (detailed design, etc.): April 2026
3. public announcement of bids for the first package of international competitive bids for the main body of work:
Name of procurement package: Civil engineering package
Scheduled date: June 2028
© Source JICA