Global IME Bank Limited has started construction of a 12-storey corporate building at Uttar Dhoka in Kathmandu, with the project formally launched through a ground-breaking ceremony on Friday, November 6. Bank board chairman Chandra Prasad Dhakal and chief executive officer Surendra Raj Regmi performed the bhoomi puja at the construction site. The bank said the building will cover approximately 146,000 square feet, while Dhakal described the project as a reflection of the institution’s stability, responsibility toward customers and vision of future prosperity.
Ground-breaking ceremony marks start of construction
The ceremony brought the bank’s chairman and chief executive officer to the Uttar Dhoka site to perform the bhoomi puja, marking the start of construction. The project is for a 12-storey corporate building, according to information provided by the bank. Its stated size - about 146,000 square feet - gives an indication of the scale of the proposed structure, although the details provided do not specify a construction schedule or further design features.
Dhakal’s remarks placed the project within a broader institutional context. He said the building represents Global IME Bank’s stability and its responsibility toward customers, while also expressing a vision of future prosperity. Those themes connect the construction project not only with a new physical structure but also with how the bank says it views its role and future direction.
Bank links building to stability and customer responsibility
The chairman’s description highlights three ideas: institutional stability, responsibility toward customers and future prosperity. The bank has not provided additional detail in the information available about how those aims will be reflected in the building’s design or day-to-day use. Its announcement, however, presents the project as a significant corporate development and identifies customer responsibility as part of the meaning Dhakal attaches to it.
The planned building’s scale is among the few specific details disclosed so far. At approximately 146,000 square feet across 12 storeys, the project represents a substantial construction undertaking for the bank. The information released does not state the building’s expected completion date, total cost or the functions planned for each floor, so those details remain unspecified in the announcement.
A new corporate project at Uttar Dhoka
The construction site is at Uttar Dhoka in Kathmandu. By beginning work there, Global IME Bank has moved the corporate building project into its construction phase. The bank’s chairman and chief executive officer both attended the launch ceremony, underscoring the project’s prominence in the institution’s current plans, while the bank’s description sets out the intended scale of the structure.
For now, the bank’s stated rationale is reflected in Dhakal’s comments: the building is associated with the institution’s stability, its responsibility toward customers and an outlook focused on future prosperity. Further information about the project’s schedule, design and operational purpose was not included in the details released alongside the ground-breaking announcement.
