In the last two decade, there has been considerable progress in the construction industry. During the period, the Nepalese contractors have been able to develop their management skill, improve working capacity, financial and technical capabilities, and acquire suitable construction equipments.
The leading brand constructions equipments are easily aviable to purchase and to rent like: JCB, Komatsu, Case, Caterpillar and Tata construction deal with equipment like excavators, loaders, rollers, backhoe loaders, wheel loaders, etc. Likewise, Doosan, Hyundai, Kawasaki, Mahindra and Ashoka also have introduced various construction equipments. The major chunk client for equipment are contractors, while real estate developers, hydropower and mining projects, government departments like the department for road, department of irrigation, brick industrialist etc .
CHALLENGES and PROBLEMS
, challenges face by Nepalese Construction industry are : lack of standard pre-qualification criteria under the new Procurement Act, absence of a balanced and standard bidding document, unclear government Rules and Regulations, lack of construction equipment and workshop, Approval of the Lowest Bid, Taxation System, Delay in Payment, Price Change, Brain Drain, Unavailability of Construction Materials etc. There is relationship between development of construction industry and economic development of a country. Being a developing country, Nepal offers promising employment opportunities for the contractors in Roads and Airports, Irrigation and Hydropower, Real State and Housing and Public Private Partnership in infrastructure development. More importantly, if there is a stable government and it introduces development plans and policies, not only this sector but the whole nation will stand to benefit. Government should also focus on attracting foreign direct investment in the sector. On the other hand, the Nepalese construction industry, which is still regarded as in infant stage,