MoPIT sets up fund to rebuild infrastructure damaged during protests

KATHMANDU: Minister for Physical Infrastructure and Transport, Kul Man Ghising, has called on all sectors to support the reconstruction of infrastructure damaged during Gen-Z protests.

At a press conference at the ministry in Kathmandu today, Minister Ghising announced the establishment of a Physical Infrastructure Reconstruction Fund for relief, rehabilitation and economic revival of structures affected by the protests. He urged the government, provincial and local governments, private sector, domestic and foreign citizens, non-resident Nepali community, neighbouring countries, development partners and international organisations to contribute to the fund and join the national reconstruction campaign.

"We have established a fund for the reconstruction of physical structures, economic revival and relief, in response to the huge loss of life and property caused by arson attacks and vandalism during the Gen-Z protests on September 8 and 9," he said.

The government has formed a Physical Infrastructure Reconstruction Committee for this purpose. The committee has issued a global appeal entitled "Call for global support: urgent appeal for the restoration and reconstruction of Nepal’s public assets".

The minister added that all funds raised will be spent transparently and called for continued participation in the campaign. Contributions may be deposited at Rastriya Banijya Bank, account number 1960100102070004, SWIFT code RBBANKA.

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