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.
