Consequences of Road Expanision on Entreprises: A Case Study of Koteshwor Area
7 Pages Posted: 18 Jan 2019
Date Written: June 8, 2018
Introduction and objectives: The road is the arteries of the development. All the sector of development such as tourism, agriculture, commerce and industry that contributes to nation’s economy is possible to develop only through proper access of the road. In order to develop the overall sector of the country by developing the road, the government led by former Prime Minister Baburam Bhattarai initiated the road expansion project in November 2011 planned to develop the roads in the valley. So, Nepalese government has passed the budget to widen the important strategic road networks from two lanes to eight lanes in Koteshwor area. The main target of this research paper was to examine the consequences created by road expansion on small business (enterprises).
Methodology: The research is Qualitative in nature. The data was collected through in-depth interview with 6 respondents of the small business enterprises. The questionnaires for this survey were structured and open-ended based on consequences of road expansion of small business. Major finding and recommendation: The finding shows that the main factor for the entire problem that entrepreneurs faced was due to pollution during the construction of the road. After the completion of most of the part, pollution has decreased and respondents businesses are running smoothly. They are getting a customer from many different places around the Koteshwor area, as it's all because of the wider road and fast track transportation system, which was only possible due to road expansion project. Further, it has increased the number of the customer, sales volume, and profitability. After the road expansion project the pollution is decreased, there is less traffic-jam, surrounding is more tidy, open space around the market and it is easy to access the business market. Moreover, the market is growing as well as the competition in the market. So, the business entrepreneurs should make a proper strategy to sustain in market according to the nature of the market. Further, the government should focus to control pollution in the valley. There should be a proper pavement around the building of shop and zebra-crossing line near the market. The government should also focus to create a proper footpath area in future project on road expansion.
Keywords: Consequences, Enterprises, Road, Entrepreneurship
JEL Classification: M00, M10
Suggested Citation: Suggested Citation