KATHMANDU: The Japan government on Wednesday announced a financial assistance of Rs 610 million for implementation of seven development projects in Nepal.
The assistance was made upon a request made by the Nepal government, the Kathmandu-based Embassy of Japan informed in a statement today
| S.No. | Name of Project | Amount (NRs.) |
| 1 | Conservation of Panchmukhi Hanuman Angamchhen, main façade of Durbar (Hanumandhoka) and Degutaleju Temple of Patan | 330,000,000 |
| 2 | Irrigation system maintenance projects | 150,000,000 |
| 3 | Construction of warehouse | 30,000,000 |
| 4 | Establishment of a NTFP/MAPs processing plant in the northern part of Sindhupalchok District | 25,000,000 |
| 5 | Establishment of a wood seasoning and treatment plant in Panchkhal | 25,000,000 |
| 6 | Karnali Academy of Health Sciences, Jumla (procurement of equipment) | 20,000,000 |
| 7 | Health service strengthening program | 30,000,000 |
| Total | 610,000,000 |
The support is a part of the Japanese government’s Counterpart Fund, according to the Embassy.
“The Counterpart Fund was established through the financial assistance extended by the Government of Japan under Food Aid (KR),” the statement read, “The Government of Nepal has procured rice through this assistance and sold it in the domestic market. The amount collected from selling the rice was deposited as a Counterpart Fund.”
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