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International Economic Cooperation Coordination Division

Agreement with the Republic of Korea

2015-07-24
The Republic of Korea has agreed to provide US dollar 8 million grant to the Government of Nepal for the implementation of the Inclusive Rural Development in Nawalparasi Project.
The Republic of Korea has agreed to provide US dollar 8 million grant (Approximately Rs. 797.1 million) to the Government of Nepal for the implementation of the Inclusive Rural Development in Nawalparasi Project. The agreement to this effect was signed and exchanged between two Governments in the Ministry of Finance.

The objective of the project is to increase rural incomes through sustainable agriculture development, strengthening agricultural capacity at the community level, improving the quality of and access to Healthcare Services, and also supporting capacity enhancement of communities and local governments.

The project consists of three main components, i.e., agricultural development support, public healthcare system reinforcement and community capacity enhancement.

The project covers five VDCs of Nawalparasi District: Bhujhahawa, Kudiya, Guthiprasauni, Sanai, Tamasariya along with Sunwal Municipality. The project will be implemented during the period of five years by the Ministry of Federal Affairs and Local Development (MoFALD).