kathmandu . Upaya, a leading logistics company enabled by technology, has launched a third-party logistics (3PL) Warehousing project in Kathmandu, Nepal.
Realizing the major gap of technology & infrastructure in the logistics sector in Nepal, Upaya Warehousing will be constructing its first 3PL warehouse on about 18 plus ropanis of land (almost 100,000 sqft) at Sanga, Kavrepalanchowk, next to Nepal Police School adjacent to Arniko Highway.
The construction will start from April 2025 and expected to finish by end of 2026. The total estimated cost of the 3PL warehouse project in Kathmandu is NPR 1.2 billion (120 crores). At the event organized by the company on 23 March 2025, Upaya also announced the successful financial closure of the consortium debt financing of NPR 950 million (NPR 95 crores) for this project led by Citizens International Bank & participated by Macchapucchre Bank.
Dolma Impact Fund II and other investors would be participating on the equity investment for this project. The CEO of Citizens Bank International Mr. Ganesh Pokharel, the lead bank of the consortium finance to the project said that “There is a huge potential of warehouse infrastructure. This project will be a milestone for the growth of new avenues within infrastructure sector in Nepal”
Upaya Warehousing will be a modern multi-client storage and handling facility capable of serving Fast Moving Consumer Goods (FMCG), Fast Moving Consumer Durables
(FMCD), e-commerce, Quick-commerce, retail chain stores, lifestyle goods like apparel/shoes/beauty products, electronics & white goods and auto-parts customers.
The built-up space or the ground coverage of the proposed warehouse would be 45,000 sqft with total storage capacity of more than 100,000 sqft. Upaya’s 3PL warehouse would be state-of-art futuristic warehouse made of Grade A Pre- Engineered Building (PEB) steel structure taking into safety consideration of seismic zone having High Density Racking (HDR) and Multi-Tier Shelving and shall include Built-to-suit (BTS) facility to the key anchor clients.
The warehouse will be designed by leading Indian Company – Corescape Design LLP, in a sustainable manner that incorporates green energy, sustainable waste management and rain water harvesting. At the event, Co-founder/ Director of Upaya Mr. Ranjeev Shrestha said that “Nepal’s cost of Logistics is 20% of our GDP due to inefficiencies and lack of infrastructure.
Upaya Warehousing will emerge as Infrastructure Company enabled by technology and we plan to build more of these warehouses in other cities, so that we want to lead and demonstrate the path to bringing down the logistics cost through efficiency, technology and infrastructure.” By introducing the 3PL warehouse in Nepal, Upaya uses the combination of technology & infrastructure to support the country’s logistics and supply chain industry in efficient way and to reduce the cost of logistics.
In the event, the CEO of Macchapuchchre Bank Ltd. and president of NBA, Mr. Santosh Koirala added that despite of current banking challenges of having huge amount of investible money and a very limited investible projects, such innovative concepts would definitely help in the economic development of the entire nation. Upaya’s 3PL warehouse will bring scalable logistics solutions to businesses in Nepal by bundling the services that include storage, inventory management, invoicing and distribution and transportation facilities.
Co-founder & Managing Director Suman Rayamajhi added that “This Third Party Logistics (3PL) warehouse allows our customer to focus and grow their business and allows them to completely handover the complication of logistics management” The event was attended by key personnel of Dolma Impact Fund – the lead investor of Upaya, the executives of Pragati Infra Solutions Ltd, one of the largest developers in India for constructing global standard warehousing solutions and industrial & logistics parks, logistics experts from India/ Nepal, personnel from Development Financials Institution, Investors and prospective customers of Upaya.
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