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MCC Compact sets transparency benchmark for Nepal’s development projects

Kalpana Lamsal by Kalpana Lamsal
December 7, 2024
in Business, Environment, Featured-news, International, News
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MCC Compact sets transparency benchmark for Nepal’s development projects
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Kathmandu— The Millennium Challenge Corporation (MCC) grant, combined with a $197 million contribution from the Government of Nepal, is transforming infrastructure development through transparency and inclusivity.

The program prioritizes open, fair, and competitive bidding, ensuring equal opportunities for local businesses and enhancing accountability. In a move to promote public trust, all project agreements and details are readily available online at MCA-Nepal (https://mcanp.org/en/ ) and the MCC Nepal Compact (https://www.mcc.gov/where-we-work/program/nepal-compact/).

By fostering transparency and collaboration, the initiative is not only advancing key energy and infrastructure projects but also creating a robust foundation for Nepal’s economic growth. This partnership underscores a commitment to sustainable and equitable development.

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Nepali workers provided awareness on safe employment in UAE
Business

Nepali workers provided awareness on safe employment in UAE

by Metakhabar
May 10, 2026
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Kathmandu, May 10: In view of risks facing Nepali workers for lack of awareness on local rules and laws, the...

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May 10, 2026
RSP not to participate in new ruling coalition

RSP Secretariat meeting taking place this evening

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Possibility of light rain with thunder today

May 10, 2026
‘Honey hunting’ festival in Khotang

‘Honey hunting’ festival in Khotang

May 8, 2026

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