A Nepali investigation blamed lawmakers and officials for looking the other way. The $216 million airport receives only one international flight a week.
Category: Export-Import Bank of China
-
Nepal Asks China to Turn a Loan for Pokhara Airport Into a Grant
A new government in Nepal formally asked for relief from a $216 million debt it incurred for construction of an airport in Pokhara that has been beset by problems.
-
How Nepal’s Deal With China for an Airport Became an Albatross
China called the project a “signature” of its cooperation with Nepal. Insiders and documents reveal the pitfalls of China’s infrastructure-at-any-cost model.