Gautam Buddha Cricket Stadium faces budget freeze amid construction delays

Agency: More than Rs 105 million allocated for the construction of Gautam Buddha International Cricket Stadium in Bharatpur, Chitwan, remained frozen last fiscal year.

The amount was frozen after Himalayan Kalinchok BBR JV, the construction company responsible for the project, failed to accelerate the work on time. Out of the allocated budget Rs 73.43 million by the federal government and Rs 32 million by the Bagmati Provincial Government, remained unspent.

Only 69.87 per cent of the total allocated budget was spent last fiscal year. The construction company received a payment of Rs  176.56 million through three running bills and had already taken NPR 136 million in advance during the previous fiscal year.