Warehouse at Kolkata Port within a Month

March 30: Nepali importers will soon be able to utilise the land taken on lease by the government of Nepal at Kolkata port. The land had remained unused for decades.

Kolkata Port Trust (KPT), an autonomous body under the Shipping Ministry of India, has agreed to allow Nepal set up the needed infrastructure for warehouse in the land. Nepali importers will be able to use this warehouse within one month, according to Nepal’s consul general for Kolkata Ek Narayan Aryal.

“The officials of KPT officials during a meeting on March 29 agreed to let us build infrastructure in the land,” informed Aryal.

He confirmed that the work will complete within a month.

The government had taken 4,872 square feet of land at Kolkata port on lease in 1973. The government is paying IRs 55,700 for the land every month to India. Importers in Nepal are compelled to pay million of rupees as fine while importing goods from third countries via India. The operation of the warehouse will minimize the fines, Aryal said.