Agreement Signed for Construction of uST Complex in Nepal

uScovery DMCC, representing the UST Group of Companies, has signed an agreement to begin the design and construction of a string rail transport complex in Nepal. The client for the project is Kathmandu Podway Pvt. Ltd., a Nepalese company that has also entered into an investment concession agreement with the government of Koshi Province. Both documents were signed during an investment summit in the city of Biratnagar. The event was attended by senior national officials and the leadership of the province.

A 7-kilometer passenger line is planned for the city of Biratnagar (Koshi Province). At the first stage, the string rail route will connect the city’s bus terminal with the border checkpoint to India. The uST complex will not only provide a convenient logistics solution for the region’s residents but will also significantly improve traffic and environmental conditions in Biratnagar. In the future, the line is expected to be extended by 45 kilometers — an initiative that has already received federal government approval. Mr. Hikmat Kumar Karki, head of the Koshi provincial government, expressed full support for the project and hoped that implementing the uST transport system would help solve transportation challenges not only in the province but throughout Nepal.

Following the development of the design concept, preliminary analysis, and assessments, the uST transport and infrastructure complex will proceed to full-scale design and construction. The line is expected to be operational in two and a half years and will be capable of transporting up to 10 million passengers annually.

Unitsky String Transport holds great promise in Nepal, where several major uST projects have already received government approval. These projects are expected to enhance mobility and strengthen transportation connectivity across the country. Special attention in the South Asian republic is being given to uST high-speed solutions. The national government is considering the implementation of uST complexes totaling around 1,000 kilometers as an alternative to high-speed rail, which would require significantly higher investment.