Chinese Government provides grant worth Rs 520 million for construction of studio building and transmission tower for Nepal Television

In February 2000, China and Nepal exchanged letters regarding technical aid to Nepal Television, specifically the construction of the Nepal Television Metro Channel studio building and transmission tower. (Another source stated that an agreement had been reached between China and Nepal in 1998 for expansion and development of Nepal Television.) In 2002, Minister for Information and Communications Jaya Prakash Prasad Gupta laid the foundation stone of Nepal Television Metro Channel studio building and transmission tower which is to be constructed with cooperation from China.

The project, with an estimated cost of about 520m rupees, is expected to be completed within a year. The entire construction works of the project will be undertaken by Chinese technicians. Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.