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French firm files case against Kathmandu Fun Park | Nepali Economy
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French firm files case against Kathmandu Fun Park

A French company has filed a case against Kathmandu Fun Park.
The company – Pomagalski SAS – has filed a case at the Kathmandu District Court on February 25 accusing Kathmandu Fun Park for violating agreements signed between them for the construction of cable car service from Thankot to Chandragiri.
It has sought the court’s order to implement the agreements including a Memorandum of Understanding (MoU) signed with Kathmandu Fun Park in exclusivity basis in November 2013.
Kathmandu Fun Park – promoted by five people including Chandra Dhakal, Hemaraj Dhakal Ambika Prasad Poudel and Min Bahadur Gurung – is planning to construct a cable car service at Chandragiri, apart with a number of recreational facilities including hotel.
Pomagalski SAS moved the copurt as the Kathmandu Fun Park two weeks ago awarded the contract to develop 2.4-km Chandragiri cable car service to Doppelmayr Cable Car of Austria at the estimated cost of Rs 500 million.
After a huge investment for specialist service and feasibility study apart from financial and technical assessment for construction and operation of the cable car service by the Pomagalski SAS, Kathmandu Fun Park awarded the contract to the Doppelmayr Cable Car, a local representative of Pomagalski SAS Shyam Mohan Shrestha said adding that their agreement is still valid as it has been agreed on exclusivity basis meaning it is as good as final agreement.
However, one of the promoters of the Kathmandu Fun Park Chandra Prasad Dhakal said that they have not entered into the final agreement with Pomagalski SAS. “We have planned to develop another cable car also and we were searching for a long-term partner,” he said, adding that the company is free to work with any company that is professional.