Balen Shah drops China-backed Damak industrial park from election manifesto
Kathmandu’s former mayor, Balen Shah, has dropped the China-backed Damak Industrial Park, part of the Belt and Road Initiative, from his election manifesto while contesting against KP Sharma Oli in Jhapa-5. The move comes amid concerns over the project’s proximity to the India border and ongoing political and financial sensitivities surrounding BRI investments in Nepal.
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Kathmandu’s former mayor, Balen Shah, has dropped the China-backed Damak Industrial Park, part of the Belt and Road Initiative, from his election manifesto while contesting against KP Sharma Oli in Jhapa-5. The move comes amid concerns over the project’s proximity to the India border and ongoing political and financial sensitivities surrounding BRI investments in Nepal.
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