Arcording to the bank document, "the Government of Nepal requests ADB to finance the development of Tribhuvan International Airport (TIA) in Kathmandu in accordance with the TIA master plan 2010-2028. The investment program will finance the physical investment on the airside facility improvement to meet the standards of the International Civil Aviation Organization (ICAO). It will also provide the capacity development support to ensure the clear functioning of the newly established air transport regulations and operations entities to be established through the bifurcation of the Civil Aviation Authority of Nepal (CAAN) for the self-sustained improvement of air transport in Nepal, possibly with the private sector participation in airport operations.
The investment program and its outcome are consistent with the strategic objective set out in the Country Partnership Strategy, 2013-2017: to support the government's development objective of accelerated, sustainable, inclusive economic growth. As TIA is a key infrastructure to promote the regional connectivity, the capacity enhancement needs of TIA were specifically recognized at the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation workshop held on 28-29 May 2014 by the participant member countries. The investment program is included in the 2016-2018 Country Operations and Business Plan as a firm lending product from ADF in 2017."
Responsible ADB Officer Yeo, Kai Wei
Responsible ADB Department South Asia Department
Responsible ADB Division Transport and Communications Division, SARD
Executing Agencies Civil Aviation Authority of Nepal
P. B. No. 284, Babar Mahal
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