Nepal to lease Himalayan peaks to private tourism companies?

Published on : Wednesday, March 12, 2014

HimalayaAs a move to jumpstart economy, Nepal is mulling over leasing Himalayan peaks to lure private tourism companies.

 

According to reports, the proposal would involve leasing out 326 Himalayan peaks in order to drive traffic away from Mount Everest due to fears of congestion. The move, if happens, will also give the much needed impetus to Nepal’s falling economy most of which depends on tourism.

 
“We have begun discussion on leasing unclimbed peaks to the private sector, to promote these mountains as new tourism products,” Mohan Krishna Sapkota, spokesman for the tourism ministry said.

 

“We are open to both Nepalese and foreign private companies…we are confident that if the plan goes ahead, it will generate revenues for Nepal,” Sapkota told AFP.

 
It is yet to be known whether Nepal’s government is ready to implement the plan or not.

 

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