TIA to resume duty free shop

Kathmandu: Tribhuvan International Airport (TIA) in Kathmandu is set to reintroduce a ‘Duty Free Shop’ within its premises.

The TIA Office has initiated the bidding process for this tax-free shop, which is planned to be situated in the international terminal building.

The designated locations include the first floor of the departure side and proximity to immigration on the arrival side, with a combined area of 101.9 square meters.

The bidding process, conducted through open competition, is open to interested individuals, firms, organizations, and companies possessing a valid license for operating tax-free shops and bonded warehouse houses from relevant government agencies in Nepal.

The TIA Office outlines the minimum rent for the duty-free shop, set at NPR 15,021,257 for a 101.9 square meter area on both the departure and arrival sides. This lease agreement is valid for five years, with a provision for automatic rent increases in line with the price increase index determined by Nepal Rastra Bank starting from the second year.

A crucial condition for participation in the bidding process is the clearance of any outstanding dues to the Nepal Civil Aviation Authority and its subordinate offices. Companies, firms, and individuals with pending dues will not be eligible to take part in the bidding process.

It is noteworthy that although a duty-free shop existed at Kathmandu airport over a decade and a half ago, it was recently removed. The reinstatement of this facility is expected to enhance the overall travel experience for international passengers at Tribhuvan International Airport.