Private sector will operate and manage ICP Birgunj from April

The Birgunj Integrated Control Body (ICP) Management Committee has awarded a contract to a private sector company to operate its terminal including dry port, integrated control body and container cargo station from April 1.

Kailasha Terminals JV (a joint venture between Bindabasini Logistics Pvt Ltd of Nepal and TRS Lift and Shift Services Pvt Ltd and Apeejay Shipping Ltd of India) was selected to operate and manage the ICP with the highest score in the assessment process.

As required by law, TRS Himalayan Logipark Pvt Ltd was registered and its official representative Madhav Prasad Baral and Deputy Director of Nepal Intermodal Transport Development Board Harekrishna Mishra signed a five-year contract for the operation and management of the ICP on March 20. NITDB Executive Director Ashish Gajurel, other board members and representatives from TRS Himalayan Logipark Pvt Ltd were also present at the signing programme.

According to the contract, the company will pay the minimum rent reimbursement amount of nearly Rs.1.81 crore for five years for the operation and management of the integrated control post.

In addition, if the number of vehicles is greater than NITDB forecast, the Company will pay the additional amount for additional vehicles at the rate stated in the contract.

The board remains the regulator while the selected company operates and manages the ICP according to the terms and service level stated in the contract.

The committee assumes that after the operation and management of the integrated control body by the private sector, business through the control body will become more agile and also more economical from a cost perspective.

The Management Committee had solicited international bids from qualified private sector companies to operate ICP Birgunj on July 27, 2022.

There were a total of five qualified bidders – Highway-Atlas-EFC JV from Kathmandu; Pristine Interstate JV from New Delhi, India; TransNepal Freight Services Pvt Ltd from Biratnagar; SS Terminals JV from Kathmandu; and Kailasha Terminals JV of Kathmandu.

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