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Nepal Transportation & Storage (Logistics) Building Industry Analysis
The transportation and warehousing industry in Nepal is currently experiencing steady growth as the country continues to develop its infrastructure. The construction of new transportation and storage facilities, such as airports, highways, and warehouses, is driving this growth. Additionally, the increasing demand for goods and services in Nepal is also contributing to the expansion of the industry.
One of the major transportation construction projects currently underway in Nepal is the expansion of Tribhuvan International Airport (TIA) in Kathmandu. The project, which is being funded by the government of Nepal and various international organizations, includes the construction of a new terminal building, a new runway, and the upgrading of other airport facilities. The project is expected to be completed by 2022 and will greatly enhance the capacity and efficiency of TIA, which is currently the only international airport in Nepal.
Another major transportation construction project in Nepal is the construction of a new highway connecting Kathmandu to Nijgadh, a city in the southern part of the country. The project, which is also being funded by the government of Nepal and international organizations, will greatly improve connectivity between the capital and the southern region of the country, and is expected to be completed by 2023.
In addition to transportation construction projects, the warehousing and storage industry in Nepal is also experiencing growth. The construction of new warehouses and storage facilities is being driven by the increasing demand for goods and services in Nepal, as well as the country's growing e-commerce sector.
Overall, the transportation and warehousing and storage building construction projects industry in Nepal is expected to continue growing in the coming years as the country continues to develop its infrastructure and economy. The ongoing and upcoming construction projects are expected to create new job opportunities and boost the economy, However, these projects also have potential negative impacts on the environment and the community, so it is important to consider these impacts and minimize them.
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