Updated By: LatestGKGS Desk
India and Nepal have signed MoU to build a strategic railway line connecting Raxaul city in Bihar, India to Kathmandu, capital of Nepal.
The MoU was signed after India's PM Narendra Modi held talks on all aspects of the bilateral ties with his Nepalese counterpart KP Sharma Oli on sidelines of 4th BIMSTEC Summit held in Nepal.
Raxual-Kathmandu railway line is expected to expand connectivity by enhancing people-to-people linkages and bulk movement of goods between both countries.
Raxual-Kathmandu railway line help to promote economic growth and development in the region. India’s Konkan Railway Corporation Ltd. will conduct a preliminary engineering-cum-traffic survey of this new rail line in consultation with Government of Nepal.
This will be followed by finalization of implementation and funding modalities of project-based on detailed project report.
Apart, there are also three other railway projects in a pipeline between both countries viz. Nautanwa-Bhairahawa, New Jalpaiguri-Kakarbhitta, and Nepalgunj Road-Nepalgunj.
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