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Sapkota hoped the railway could extend to Kathmandu and said China supports Nepal in carrying out the relevant research on its viability. The length of the proposed railway is 550 kilometers and is expected to cost over $8 billion.
As a result, the National Planning Commission of Nepal has formulated a plan called "Envisioning Nepal 2030," which aims to bring about a relatively prosperous economy in Nepal by 2030. In order to realize this goal, Nepal needs investment of $7 billion to $8 billion, of which $5 billion to $7 billion is intended to come from foreign investment.
According to Hindustan Times, China became Nepal's biggest foreign investor in 2014 and become the biggest source of foreign investment.
With China's growing investment in Nepal, some problems have appeared in recent years. For example, the first hydropower station built and operated by a Chinese company, the Marsyangdi A Hydropower Station, was disrupted following a strike of workers there.
Tourism is another area for China and Nepal to explore. Ambassador Paudyal said the country hopes to attract 2 million international tourists to Nepal by 2020.
