Economy, Featured

Banepa becomes business hub

Published by Octron on October 5, 2009

Banepa, the district headquarters of Kavre, has become a business hub in the east of Kathmandu offering every business facility people enjoy in Kathmandu valley. The traders of Banepa are involved in wholesale trading of goods for people of Sindhupalchowk, Ramechhap, Dolakha and Sindhuli. The traders from these districts come to Banepa to purchase goods and items of daily use.

“It is cheaper and easier for traders from eastern Nepal purchase goods in Banepa instead of Kathmandu,” said Bishwo Ram Luitel, a trader of Banepa. “The businessmen here give goods at cheaper price as most of them are local resident and they should not pay for rent.”

According to him, even the traders from Bhaktapur and Lalitpur come to Banepa to purchase goods. The businessmen said the goods imported through Khasa, Tibet are also found at cheaper prices compared to Kathmandu as transportation cost is lower for Banepa.

Bishnu Bhakta Karmacharya said Banepa offers all facilities available in Kathmandu. “Banking facilities, transportation and real estates are helping the city become a a business hub,” he said.
Mankaji Pradhan, a wholesaler of textiles for the last three decades, has been selling his goods to the traders of four districts. His assessment is that both business activities and volumes have gone up here. The trading of food items, textiles and home appliance has boosted in the recent days.

President of Kavre Chambers of Commerce and Industry Laxmi Lal Bhandari said that the B.P. Highway, which is under construction and connects Kathmandu to Sindhuli through Banepa, has also contributed greatly to boosting the business in Banepa.

According to him, Banepa witnesses the business transactions of more than Rs. 20 million daily.
He however lamented that the city was still lagging behind in infrastructure development although business activities were going up. “We have failed to manage the vegetable and wholesale market,” he said.

Source: Kantipur

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