Government to merge HIDCL with similar financial entities to form a specialized infrastructure powerhouse
▸ Part of: Nepal's Finance Minister Unveils Ambitious Infrastructure and Development Plans
The Government of Nepal plans to merge the Hydropower Investment and Development Company Limited (HIDCL) with another financial institution to create a specialized body for infrastructure development. Finance Minister Dr Swarnim Waglé announced this reform during the presentation of the federal budget for fiscal year 2083/84, aiming to establish a robust agency for financing large-scale infrastructure projects.
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