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Showing posts from December, 2014

Infrastructure: Key to Economic Growth

By Hom Nath Gaire Background Nepal is a small and beautiful country. The bio-diversity that exists across the narrow cross section of the country is quite vast. The water resources that are available here could be harnessed for global benefits. The friendly people here with a pride history could be of interest as a living museum to global visitors. However, we have not been able materialize the theoretical potentials of the multiple sectors that the country inherited. According to government statistics, we have been happy with the less than one million tourists per annum while the countries having less attractive natural beauty and cultural heritage have been attracting millions of tourist annually. In this context, the reality is that unless we expand the capacity of our airport infrastructure we cannot bring more tourists. Unless we build more transmission lines, we cannot have a real power/energy market. Similarly, if we look at the regional balance and supply as well as v...