KATHMANDU: The Nepalese government has established a high-level committee and a dedicated fund to facilitate the reconstruction of public and government infrastructure damaged during the Gen-Z protests on September 8and 9. The move aims to provide necessary financial resources for repair, rehabilitation, and economic restoration following widespread destruction.
Announcing the initiative at a press conference on Thursday at Singh Durbar, Minister for Physical Infrastructure and Transport, Kulman Ghising, explained that the Physical Infrastructure Reconstruction Fund has been set up under the Physical Infrastructure Reconstruction Committee (Formation) Order, 2052. The fund will support reconstruction, repair, economic revival, relief, and rehabilitation programs.
The committee will be chaired by the Finance Minister, with the Home Minister, Minister for Urban Development, and the Chief Secretary of the Government of Nepal as members. The Secretary of the Ministry of Urban Development will serve as member-secretary, and a secretariat within the ministry will facilitate operations.
Minister Ghising called on the private sector, Nepali citizens, non-resident Nepalis, friendly nations, development partners, and international organizations to contribute to the fund. “All contributions will be spent transparently to rebuild the nation,” he emphasized.
The fund account has been opened at Rastriya Banijya Bank, Singh Durbar branch, Kathmandu:
- Account Name: Physical Infrastructure Reconstruction Fund
- Account Number: 1960100102070004
- SWIFT Code: RBBANNPKA
In the same briefing, Minister Ghising addressed ongoing disruptions on the Muglin–Narayangadh road section, caused by landslides near Tui Khola. He noted that continuous efforts were being made to clear the debris, and alternative routes were being improved to facilitate smooth travel. Ghising also said that damage assessments from the Gen-Z protests are ongoing, and preliminary reports have been received to guide reconstruction work.
This initiative marks a significant step toward restoring infrastructure damaged during the protests, while also encouraging national and international support for Nepal’s reconstruction efforts.
