The Foreign Affairs News The Leading News Portal
Embassy News
Jul 12, 2023

Korea to aid US $9.5 M to build hospital in Thimi

Avatar photo
FA News Desk
Secretary of Ministry of Finance Arjun Prasad Pokharel and Ambassador of the Embassy of the Republic of Korea in Nepal Park Tae-Young exchanging the signed documents.
Secretary of Ministry of Finance Arjun Prasad Pokharel and Ambassador of the Embassy of the Republic of Korea in Nepal Park Tae-Young exchanging the signed documents.

The Korean Government is to construct a 150-bed hospital in Bhaktapur in the adjoining land of Nepal-Korea Friendship Municipality Hospital (NKFMH).

The hospital will be equipped with necessary advanced-medical equipment. The existing NKFMH and new buildings will be interconnected.

With these covering a large area, the hospital will be able to deliver effective service by developing the human resource capacity of medical and administrative staff of the hospital.

The hospital project shall be implemented by Korea International Cooperation Agency (KOICA, Madhyapur Thimi Municipality, and Nepal-Korea Friendship Municipality Hospital (NKFMH) in close collaboration and coordination with Ministry of Federal Affairs and General Administration (MoFAGA).

A 5-year project that will cost US $9.5 million will be assisted by Korea through KOICA that aims to enhance the capacity of medical infrastructure and professionals for quality hospital management, infection control, and improved coverage of public health insurance to attain the goal of Universal Health Coverage (UHC) in Bhaktapur, Nepal.

Secretary of Ministry of Finance Arjun Prasad Pokharel and Ambassador of the Embassy of the Republic of Korea in Nepal Park Tae-Young signed the Memorandum of Understanding (MoU) for the project entitled “Capacity Building of Medical Service to Achieve Universal Health Coverage for the Poor in Vulnerable Areas in Bhaktapur, Nepal” at the premises of the Ministry of Finance, Singha Durbar, Kathmandu on 11 July 2023 on behalf of the Governments of Nepal and Korea respectively.

Secretary at Ministry of Finance Arjun Prasad Pokharel and Ambassador of the Embassy of the Republic of Korea in Nepal Park Tae-Young signed the Memorandum of Understanding.

At the signing ceremony, assuring full cooperation for the implementation of this project, Secretary Pokharel expressed gratitude to the Government of the Republic of Korea for the partnership which shall enhance the friendly relation between the two countries.

Expecting full cooperation from the Nepal government side to implement this project successfully, the Korean Ambassador to Nepal Park Tae-Young expressed that the new hospital will be very much useful for the public.

Joint Secretary of International Economic Cooperation Coordination Division of MoF, Shreekrishna Nepal Korea lauded, during the signing ceremony, as Korea has been one of the very close development partners of Nepal since many years the support being extended to Nepal has  definitely strengthened people-to-people relations between the two countries.

Country Director of KOICA in Nepal, Kong Mooheon expressed that KOICA has implemented various health projects in Nepal and every project has its own unique achievement.

Phase 2 of NKFMH shall be instrumental in providing quality health care to the general public and poor and vulnerable people of Bhaktapur and nearby districts shall have easy access to specialized health care services, he opined.