This comes at a time the Chinese promoter of the mega project has allegedly shown little or no enthusiasm to develop it. Speaking at an interaction on ´West Seti project for economic transformation´, organized by Girija Prasad Koirala Foundation on Saturday, Minister Jha said, “Rather than blaming the Investment Board for the mess, we should look for an all-party political consensus at the top level for the project development.” [break]
China´s CWE Investment Corporation had started the preliminary study of the multi-billion dollar project following a Memorandum of Understanding with the Investment Board in 2012.
However the company, a subsidiary of China Three Gorges Corporation, has allegedly shown reluctance to go ahead with the project.
The company has carried a technical and financial study of the project, but has not come forward to discuss it with the Investment Board.
It has, however, invited the Investment Board officials to visit China to discuss the project.
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