Vision of Rt. Honorable Prime Minister
Mr. K. P. Sharma Oli And National Agenda
Vision of Rt. Honorable Prime Minister Mr. K. P. Sharma Oli is to establish Waterways Transport System to/from Nepal to facilitate foreign trade (import and export of goods) of the country. Accordingly, Government of Nepal has established Department of Shipping to introduce- improve International Transport Sector Especially Waterways between Bay of Bengal and River Points of Nepal to facilitate foreign trade of the country. Government of Rt. Honorable Prime Minister Mr. K. P. Sharma Oli is committed to establish shipping links between river ports-points of Nepal and sea ports of Bay of Bengal and beyond to reduce overall trading time and transport cost that are linked to import and export of goods to/from Nepal.
Transport Is Mother of All Businesses
Rt. Honourable Prime Minister Mr. K. P. Sharma Oli recognized role of Transport Sector in the foreign trade as well as in the overall economy of the country. He has classified transport sectors as Mother of all Businesses.
Transport services that are attached to import and export of goods of Nepal, which is payable in foreign currency, are costing the nation disproportionately very high, in comparison to other countries. To meet Nepal’s own service requirement, Government of Nepal’s aims to establish institute, companies and entities to provide shipping services linked to foreign trade of the country instead of importing (buying) such services from foreign countries at a very high cost.
Involvement of Prabhu Group in Transport Sector
Mr. D. P. Bhattachan, Chairman of Prabhu Group is committed to participate in this noble cause and resolute to contribute in the vision and national agenda of Rt. Honourable Prime Minister Mr. K. P. Sharma Oli.
Based on realization that “Transport Is Mother Of All Businesses and Transport Sector plays a key role in all other activities of the country as well as in the core activities of the Group” a visionary decision was made by the Group on the 24th of August 2018 to establish shipping companies under the name and style of:
Nepal Shipping & Multimodal Transport Pvt Ltd
– Operating under trade name of “Nepal Shipping Lines” –
Nepal Sea Transport Pvt Ltd
– Ship Owner and Ship Operator and Ship Managers, in international routes –
Nepal Pani Jahaj Pvt Ltd
– Ship Owner and Ship Operator and Ship Managers, in coastal-river routes –
River Edge Freight Pvt Ltd
– River, Rail and Land Transport Operator as Multimodal Transport Company –
Prabhu Group entered in international transport sector, including container liner, bulk and breakbulk shipping segments, to meet transport requirement of the country, and to encourage business houses of the country to take full advantage created by local shipping and transport industries.
Approach and effort of Nepal Shipping Lines is to provide quality services with faster transit time at competitive freight rates.
Nepal Shipping Group and River Edge Group is committed to provide quality services, in all major segments that are linked to shipping-transport requirement of the country and that of South Asia region.