China plans rail link with Nepal

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Chinese government is planning to extend Qinghai-Tibet Railway to Nepal by 2020. As per the plan, the rail link will be extended to the borders of Nepal, India, and Bhutan.

In a recent news story published by China’s English daily, The Global Times,  it is said the railway will be linked to Rasuwagadhi, Nepal, through Shigatse-Kerung stretch. The railway extension to Shigatse would formally open next month, the news further reported.

Rasuwagadhi is about 500 kilometres from Shigatse. That link is scheduled for its own extension to two separate points, one with Nepal border and the other with the border of India and Bhutan, the newspaper cited Mr Yang Yulin, the deputy head of Tibet’s Railways Office. Yulin said the railway line would be constructed from 2016 to 2020.

“China is always positive to extend railway link to Nepali border. There is a high possibility of expansion of the railway line that has already linked Shigatse,” said Nepali Ambassador to China Mahesh Maske. He said the railway line could be linked to Kathmandu once it has reached Nepal-China border.

With the expansion of the rail line, it is hoped that the trade and tourism industries will be flourish in both Nepal and China.

Nepali Consulate General in Lhasa Hari Prasad Basyal said the rail line extension will promote trade and tourism and strengthened mutual relationship between the people of Nepal and China.

Chinese analysts opine that the rail network expansion will be crucial in economic, cultural, and tourism promotion in South Asia. Professor Wang Hong Wei, a leading Chinese expert on Nepal, said along with Nepal and India, even Tibet will take advantage in economic development and tourism promotion with the railway link. He said the people of both the countries (Nepal and China) have common dream of extending the railway line to Lumbini, the birth place of Lord Buddha, through Kathmandu.

 

 

 

 

 

Source : Telegraph Nepal | July 31, 2014

Thomas D’Innocenzi

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About thomasdinnocenzi

Thomas D'Innocenzi is a highly accomplished, results-focused senior international executive with extensive experience in global sourcing and market development worldwide to meet evolving business needs. Tom has proven ability in implementing and managing profitable global sourcing operations worldwide. Extensive experience in international market development operations to accommodate rapid growth. Skilled in building top-performing teams, benchmarking performance, and restricting organizations to improve efficiency, productivity, and profitability. Experienced transition leader and change agent. As principal of Nova Advisors, LLC I’ve assembled an exemplary team that brings with them the knowledge and experience gained from starting up a Global Sourcing program with multiple Fortune 500 companies as well as the largest supplier network throughout the Asia-Pacific region. We have experience and expertise in more than a thousand medical and pharmaceutical products in manufacturing and sourcing at the best value. The right product, the right price point and the right branding fueled these successes that resulted in double-digit growth for top line sales and bottom line net margins for our customers. What sets us apart: • Our reach includes a large network of suppliers & manufacturers spanning 13 countries in Asia-Pacific region • We understand the manufacturing process and the business of the supplier and the buyer • Our company culture is based on quality assurance and our process is based on local quality control Our commitment is to be your partner offering the best products and services at the lowest cost. Contact me to discuss how we can make the global marketplace work for you. thomas@novaadvisors.com In addition, I am open to discussing opportunities in global sourcing, international marketing & sales, logistics and medical/pharma in Thailand, Vietnam, Malaysia, Philippines & Japan. Aside from my work I enjoy piano, astronomy, physics, and assisting my daughters with their studies. SPECIALTIES: Global Sourcing, Supply Chain Management, Business Development, Marketing, Logistics, Global Networking, Market Development, Healthcare Solutions, Pharmaceuticals, Medical Devices, Technology, Asia, Southeast Asia, US and Canada
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