Deal #7728

Nepal
Created at
2020-02-07
Last update
2020-04-22

Land area

Intended size
1 467 ha
Size under contract (leased or purchased area)
  • [2019-01-01, current] 325.0 ha
Comment on land area
Government announcement for this Industrial Estate: total 1467 Ha At present about 325 Ha along the right bank of the Ratuwa river. Future expansion projected on the left bank of the river – another 1142 Ha

Intention of investment

Intention of investment
  • [current] Tourism, Industry (1467.0 ha)

Nature of the deal

Nature of the deal
Outright purchase

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] Startup phase (no production)

Purchase price

Comment on purchase price
The committee under District Administration Office has categorized land into three types: arable, bushy, and river-bed. Arable land is worth Rs 2.2 million, bushy land is worth Rs 800,000, and land along river bank is worth Rs 200,000 per bigha. The government has allocated a total of Rs 430 million for compensation.

Contract farming

Contract farming
No