Expedite Construction

The construction sector constitutes a vital component of national economy as it draws a huge investment from both government and the private sector. With spending on infrastructure, the sector stimulate economy in time of recession. In the Nepali context, construction industry gets involved in building big infrastructure such as highways, hydropower, real estate, irrigation, dams, public utilities and government buildings. When a big amount of capital is mobilised, hundreds of thousands of jobs are created, thereby helping the people solve their livelihood problems and lead a life of dignity. It employs skilled, unskilled and seasonal workers. It has been the largest employer in the country. Around 400,000 youths enter the labour force in Nepal annually and the construction sector absorbs significant number of them. If the sector flounders, this will have negative repercussions for job opportunities and economic growth.