Press Releases
Agreement between the GoN and the Government of Japan
The Government of Japan has agreed to provide an assistance of NRs 26.19 billion (Japanese Yen 30 Billion) to assist Nepal on post-earthquake reconstruction.
Japanese Yen 4 billion is to support for the reconstruction of Paropakar
Maternity and Women's Hospital and Bir Hospital, rehabilitation of Water Transmission System
in Chautara, Sindhupalchowk, and Bridge construction along the Barhakilo- Barpak Road, Gorkha.
Department of Education will implement the Emergency School Reconstruction Project and
Ministry of Federal Affairs and Local Development and Ministry of Urban Development will
implement the Emergency Housing Reconstruction Project. The projects under the grant
assistance will be implemented by the Ministry of Health and Population, Ministry of Urban
Development, and Ministry of Physical Infrastructure and Transport.
The Exchange of Notes regarding the loan and grant assistance were signed today by Mr. Lok
Darshan Regmi, Secretary of the Ministry of Finance and Mr. Masashi Ogawa Ambassador of
Japan on behalf of the Government of Nepal and the Government of Japan, respectively. The
loan agreements were signed by Mr. Madhu Kumar Marasini, Joint Secretary, International
Economic Cooperation Coordination Division, Ministry of Finance and Mr. Tsutomu Shimizu,
Chief Representative of JICA Nepal Office on behalf of the respective governments.
The signing ceremony was held in the presence of Hon'ble Finance Minister Mr. Bishnu Prasad
Paudel and President of JICA Mr. Shinichi Kitaoka.
The Government of Nepal has expressed its sincere appreciation to the Government of Japan for
this assistance and for its continued support to the socio-economic development of Nepal.
Ministry of Finance
Singhadurbar, Kathmandu
21 December 2015
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