Licenses of 23 Construction Companies in Kathmandu Revoked for Failure to Renew on Time

The Ministry of Physical Infrastructure and Transport (MoPIT) has revoked the licenses of 23 construction companies in Kathmandu that failed to renew their licenses on time. The Construction Business Promotion Branch under MoPIT issued a notice on Thursday, stating that the licenses had been automatically revoked due to non-renewal.

According to the Construction Business Act, licenses needed to be renewed by mid-March 2024 for the fiscal year 2024/25. The affected companies include Future Star Construction, Himalayan Infrastructure Development Company, Bhumi Infrastructure, Madan Construction, Dhorfidi Construction Services, The Rising Construction, Sirohiya Construction, Trishul Construction Services, Srijunga Construction Services, Ghanteshwar Construction Services, Naula Malika Construction Services, Toshe KR Construction Services, Everything Solution Construction, Rupali Construction, Rudra Kumar Kakshapati Construction Services, Emrin Thakur Construction Services, V Con, R Komal Construction, Aman Construction, Radha Krishna Construction Services, Pabitra Multiple Construction, and Florida Construction.

These companies now face automatic revocation of their licenses, impacting their ability to operate legally in the construction sector until the issue is resolved.