• " दीगो लगानी र शहरी पूर्वधार देश विकासको मुल आधार "

Strategy

Internal Strategies for strengthening TDF

  1. Formulate new rules, by-laws, and guidelines in line with proposed UIDC Act.
  2. Update and enforce policies and procedures for smooth operation of business process.
  3. Continued institutional reform process to enhance the capacity of TDF for implementing its proposed Business Plan.
  4. Establish a system of project identification, project appraisal, project implementation and monitoring and evaluation for the effective and efficient service delivery as a financial intermediary.
  5. Focus to implement the resilient and green infrastructures.
  6. Restructure and reform organization structure in line with expected growth as UIDC and reform.
  7. Develop and adopt Risk Management Framework (RMF) to ensure loan security and loan recovery.
  8. Establish system automation for enhanced MIS, i.e., integrate management software with MIS.
  9. Adopt performance-based monitoring system and mechanism for improved service delivery.
  10. Implement the step-in-right to intercept IGFT in case of default loans.
  11. Adopt international standard key financial indicators for enhancing TDF as a well recognized Prudential Financial institution, nationally and internationally
  12. Establish an appropriate communication and grievance handling mechanism within TDF.
  13. Conduct necessary study for defining the long-term vision, mission, goals and core values of TDF.
  14. Introduce market-base interest rate for the financing to urban infrastructure.
  15. Expand TDF’s services to provincial level
  16. Introduce performance-based incentive to the employees of TDF
  17. Focus on strategic project finance and development.
  18. Develop TDF as a Center for Excellence.

External Strategies for the Creation of Enabling Environment

  1. Enact and implement the UIDC Act
  2. Collaborate with the government’s line agencies for the implementation of National Urban Policy and National Urban Development Strategy.
  3. Collaborate with Investment Board of Nepal (IBN) and DPs for debt financing in the PPP projects.
  4. Collaboration with Nepal Rastra Bank (NRB) for including revenue generating urban infrastructures as the specific lending sector in NRB lending directives for promoting Banking & financial institutions (BFIs).
  5. Promote non-financing and blended-financing mechanism for financing urban infrastructures.
  6. Collaborate with International financial institutions (IFIs)/ National financial institutions (NFIs), insurance companies and employment provident fund (EPF) for the consortium financing.
  7. Collaboration and coordination with National Planning Commission, different government departments, Corporate entities like Nepal Telecom, National, Housing Company, Cooperatives and other related fund for the blended financing.
  8. Initiate for improvement of borrowing capacity of TDF and clients.
  9. Collaborate with NNRFC to prepare grant allocation and credit management policy for sub-national governments.
  10. Explore and mobilize alternative financial resources for financing various infrastructure development sectors.
  11. Collaborate with the government’s line agencies and municipalities to implement the provision of intercepting central government transfers in case of loan default
  12. Initiate for issuance municipal bond or project-based bond for urban infrastructure financing
  13. Collaborate with GoN and DPs for establishment of a pooled fund within TDF under a joint framework agreement (JFA), as provisioned in the foreign aid policy of GoN
  14. Establish network with the international organizations for the knowledge exchange and capacity development through Technical Assistance (TA) and exposure program.