Law amended to ease acquisition of forest land
Kathmandu, March 12 -- The government has amended the Forest Act and included a new provision which will allow the developer of certain infrastructure projects to acquire forest lands required for the construction of the project by paying a fee.
According to the new clause included in the act, national priority projects, national pride projects, transmission line projects of national priority and projects that have got investment approval from Investment Board Nepal are eligible to acquire wooded areas by paying money.
The new clause paves the way for the establishment of the Forest Development Fund which will charge the project developer a fee for forest lands for the construction of its permanent structures. The fund will use the fee ...
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