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Four + one model to raise funds for Gelephu Mindfulness City

Four + one model to raise funds for Gelephu Mindfulness City

The Gelephu Mindfulness City must prioritise financially viable and bankable projects to secure investments. According to its Board Director, Yee Ean Pang, mobilising funds is crucial to realising the vision of Gelephu as a business hub. Speaking at a recent forum in the capital, the board director said that the city would adopt a “four-plus-one” funding model to attract investments....

Public construction quality still lags – RAA Annual Report

Public construction quality still lags – RAA Annual Report

The Royal Audit Authority's latest annual report reveals persistent quality issues in public construction, with 139 cases of poor work recorded during the 2023-2024 financial year. Despite follow-ups, only 91 of these cases were resolved, spanning 62 projects. The report urges the government and agencies to enforce stricter measures to curb substandard practices and safeguard public investments. According to the...

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