Civil Aviation Authority of Nepal (CAAN) director general Ratish Chandra Lal Suman said the Export-Import Bank of China approved a USD215.96 million loan application by Nepal’s Government to finance the Pokhara Airport project. Mr Yang said the project will be completed within the USD305 million cost estimate.Aug-2013. China CMAC Engineering Co (CMAC) was awarded the contract to construct and develop the airport, commencing construction in August 2016. 5.4K likes. The Ministry of Finance indicated its support for the Pokhara Airport project after receiving an explanation about the project's cost from the country's Ministry of Culture, Tourism and Civil Aviation.

Civil Aviation Authority of Nepal (CAAN) acquired 65.5 acres of land required for the Pokhara Airport construction project.Dec-2016. The USD215.96 million loan is from the Export-Import Bank of China. About See All. An agreement was also reached on compensation for land acquisition related to the project.Jan-2015. The conceptual masterplan of the new Pokhara airport is designed to the category 4D standard set by the ICAO, IATA and FAA.A 2.5km-long and 45m-wide runway with a 330m runway strip is planned to be built at the proposed Pokhara airport to support take-off and landing operations of big commercial aircraft such as Airbus A320, Boeing 737-700 series, and Boeing 757-200.A 1.2km x 23m parallel taxiway will be built from the runway … In addition, it will strengthen the country’s civil aviation sector and contribute to economic and social development, as well as tourism.Capable of handling wide-bodied aircraft, the new airport will serve as an alternative to The conceptual masterplan of the new Pokhara airport is designed to the category 4D standard set by the ICAO, IATA and FAA.A 2.5km-long and 45m-wide runway with a 330m runway strip is planned to be built at the proposed Pokhara airport to support the take-off and landing operations of commercial aircraft such as Airbus A320, Boeing 737-700 series and Boeing 757-200.A 1.2km x 23m parallel taxiway will be built from the runway central line on the north side. China Import and Export Bank will provide loans to support the airport construction project.Mar-2014. [3] In March 2013 the government revived the airport project, said that the land acquired for it was insufficient and began making preparations to acquire additional land. Sep-2019. Development. China's Ministry of Finance is expected to approve a USD215.96 million loan by Export-Import Bank of China to Nepal's Government for the Pokhara Airport project in the near future. China CAMC Engineering Co was awarded the contract for construction of Pokhara International Airport for USD217 million. CAAN said “We are planning to begin initial construction works, such as levelling of the ground where the runway will be built.” Apr-2016. The airport has a parallel taxiway with the runway which can accommodate medium-range jets like Airbus 320s and Boeing 737s.

25% of the total amount will be provided interest free. A NPR21.6 billion (USD209 million) soft loan agreement with China's Government to support the project is expected to be signed in early Jan-2016. The New Pokhara International Airport development project achieved 12% physical progress, according to project chief Binesh Munkarmi.

The door for construction of Pokhara International Airport Opens. A revised development proposal has brought down the cost of the airport development to USD167 million, following deletion of some aspects, such as aerobridges and optional equipment, according to Suman Kumar Shrestha, deputy director general of CAAN. Nepal Pokhara Airport construction should be complete in the next four years, according to Ministry of Finance head of the Economic Policy Analysis Division Krishna Prasad Devkota. All rights reserved. [18] [2] Environmental Impact Assessment (EIA) of New Pokhara Regional International Airport, Submitted to: Government of Nepal Ministry of Science, Technology and Environment, Submitted by: Civil Aviation Authority of Nepal (CAAN), January 2015 [4] Local protest govt move of acquiring additional land, Himalayan Times, 19 March 2013 [8] Airport project offers substitute land, Kathmandu Post, 29 December 2014 [10] Dispute over land price ends, Ekantipur, 15 February 2015 [1] Locals refuse land for hub airport in Pokhara, Ghale Treks, 19 March 2013 [3] With new airport, Pokhara waits for takeoff, Nepali Times, 12 January 2018 [5] 10 hurt in Pokhara airport construction dispute, Kathmandu Post, 18 December 2014 [6] Six people injured in clashes over land compensation, Kathmandu Post, 19 December 2014 [18] Pokhara Regional International Airport (PRIA), Airport Technology [7] 8 injured as agitated land owners clash with Police, Myrepublica.com, 19 December 2014 [9] DDC tells landowners to stop upping ante, Himalayan Times, 8 January 2015 [11] Paragliders fear being displaced by airport, Kathmandu Post, 21 June 2016 [12] Pokhara’s 4-decade-old dream within grasp, Kathmandu Post, 3 August 2018 [13] Construction work of Pokhara Airport intensified after PM’s Visit, tourismmail.com, 1 August 2018 [14] Additional land acquisition proposed for Pokhara Regional International Airport, aviationnepal.com, 10 August 2018 [15] Locals protest against additional land acquisition at Pokhara International Airport, aviationnepal.com, 15 August 2018 [16] Pokhara airport’s foundation laying slated for April 14, Kathmandu Post, 1 April 2016 [17] New Pokhara International Airport, Centre for Aviation (CAPA)

Updated: Aug 04, 2020, 09.55 PM IST. [8] In January 2015 the With its beautiful landscape Pokhara is a favourite destination for paragliders, in fact it is the most popular adventure activity in the area. Community See All. Nepal's Finance Minister Ram Sharan Mahat said the USD305 million bid from China CAMC Engineering Co for the development of a ‘regional international’ airport in Pokhara was “unrealistic”, and instructed the Civil Aviation Ministry to re-estimate the costs for the airport. The airport will also decrease the traffic pressure of Nepal’s only one Soon Pokhara international airport will serve as an alternative gateway of Kathmandu airport. The first priority for the firm awarded the contract to build the airport, China CMAC Engineering Co (CMAC), was reinforcement of the perimeter fence, which had holes in the wire mesh through which villagers were still bringing their cattle and water buffalo for grazing.

[1] Residents of three wards, 14, 15 and 18, of the Pokhara Sub-Metropolis formed the International Airport Construction Public Concern Struggle Committee to protest against the additional land acquisition. It is scheduled for completion in late 2020. [4] The area of land earmarked for additional land acquisition for New Pokhara International Airport was 629 ropani (32 hectares). Sep-2019.

China Airport Construction Company (CACC) submitted a revised project estimate to CAMC Engineering Co (CAMC) for the development cost for Pokhara International Airport of USD264 million, up 16% over the original cost estimate.Jun-2013.