KATHMANDU, April 22 -- Investment Board Nepal (IBN) has said that it has received as many 48 applications for 31 out of 50 projects showcased during the recently held Nepal Investment Summit 2019.

Cost of these 31 projects are more than Rs 2,500 billion, IBN said in a press release issued on Sunday.

"As many as six investors, the largest number for a single project, have applied to build Nijgadh International Airport," the IBN added in the statement.

Outer Ring Road of Kathmandu Valley Project and Bus Rapid Transit on Ring Road of Kathmandu Valley have received four applications each. Similarly, five agriculture infrastructure projects have received proposals from seven investors. According to the IBN, two investment proposals have bee...