Budget of Rs45.17 billion approved for CAAN’s fiscal year 2075/76

Budget of Rs 45arba 17 crores and 57 lakhs has been approved for the Civil Aviation Authority of Nepal (CAAN) fiscal year 2075/76. The approval came after the committee meeting held on August 3, 2018 under the supervision of Honorable Minister for Culture, Tourism and Civil Aviation (MoCTCA) Rabindra Adhikari.

The government said that the high technology approach will be used to expedite aviation infrastructure with required skilled manpower. The government has made necessary plans to upgrade domestic airport all over the country.

The ongoing international airport projects such as Gautam Buddha International Airport (GBIA), Pokhara Regional International Airport and Second international Airport at Nijgadh will be expedited with the new budget approval.

CAAN will also be coordinating with airline operators of Nepal on resolving the European Union (EU) safety concerns and get rid of blacklist.

Likewise, the major projects to be implemented at Tribhuvan International Airport (TIA) are the runway extension on RWY 02 side, international terminal building expansion and reconfiguration, sewage treatment system and utility works, rehabilitation of Runway/Taxiway, expansion of international apron, parallel taxiway, construction of new heli apron, vertical expansion at international terminal building, construction of remote parking bays, upgradation of communication, navigation and security equipment.

Besides these, CAAN has prepared lots of other projects which is focused on enhancing air services and facilities at every airport around the country.

The budget for fiscal year 2074/75 was Rs36.18 billion whereas it was Rs30.82 billion for 2073/74.

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