Giving up its earlier decision to develop Kathmandu-Terai Fast Track road project under the public private partnership (PPP) model, Nepal's Ministry of Physical Infrastructure and Transport has planned to implement it under the direct government investment. The ministry has been planning to take soft loan from the World Bank for the project implementation. The Fast Track road is projected to cost 100 billion Nepalese rupees (1.05 billion U.S. dollars). The four-lane project is intended to link Nepal's capital with Terai and other southern bordering parts within four hours, which otherwise takes around eight hours. The much talked about 76 km expressway had been uncertain in the third week of September after none of the three short-listed Indian firms submitted the request for proposal to undertake the project relinquished it. Of the total 76 km length of the project, around 61 km falls in Makawanopur, where the government has to provide compensation for around 40 percent of the land owned by public. In Kathmandu and Lalitpur, the government has to pay compensation for around 15 km of land, and for 18 km land in Bara.
