Sino-Nepal optical fiber cable project signed
The state-owned China International Telecommunication Construction Corporation and the state-owned Nepal Telecom have signed the Execution Contract of Kathmandu-Khasa Fiber Cable Laying Project on Sunday for optical fiber cable project connecting China and Nepal.
A total of RMB 25.4 million will be invested in the project for building a 125-km optical information super highway connecting China, Nepal and India. The project is expected to start in November and will be completed in mid 2008. The Chinese government will add the project under the agreement on Economic and Technical Cooperation between China and Nepal signed in December, 2003 and the Exchange Letters between two governments in August, 2004.
Nepal is lagging behind in network infrastructure construction. Its network can only be connected by satellites, which results in low speed and high prices of network usage. With the completion of the project, the network development in Nepal will be further improved and people will get more communication convenience through the link.
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