Civil Insight: A Technical Magazine Volume 2 | Page 57

CIVIL INSIGHT 2018
STUDENTS’ SECTION
57
CONCLUSION
Despite many challenges and hurdles, there is no dispute in having a viable and sustainable railway connectivity
within and outside the country for a rapid and sustainable economic growth with its strong backward and
forward effect. It is but natural that a country like Nepal needs to seek international assistance in many fronts
which would be possible by minimizing the overall risk, that is country risk as a combination of sovereign risk,
political risk, policy risk, foreign exchange risk, and so on.
With this backdrop, Nepal needs a short to long term vision and mission to better rail connectivity. Moreover,
the country needs to prioritize the rail development in line with the energy potentiality to achieve a sustainable
and feasible growth. For this, a political consensus enabling a permanent policy approach is a must, if railway
development is to be prioritized.
BIBLIOGRAPHY
Railway. (n.d.). Retrieved from https://www.thefreedictionary.com/railway
Nepal Railways. (2018, December 09). Retrieved from https://en.wikipedia.org/wiki/Nepal_Railways
DoR starts construction of 10 railway tracks. Retrieved from https://thehimalayantimes.com/nepal/department-
of-railways-starts-construction-of-10-railway-tracks/
Nepal, I. B. East West Electrifi ed Railway Project Bank. Retrieved from http://ibn.gov.np/east-west-electrifi ed-
railway-project-bank
Nepal, China agree on rail study. Retrieved from http://kathmandupost.ekantipur.com/news/2018-08-24/
nepal-china-agree-on-rail-study.html