President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Suraj Vaidya said that they holding talks with the Chinese investors to set up factories in SEZ.
Speaking at the 37th general assembly of Kavre Chamber of Commerce and Industries, Vaidya said they have proposed setting up industries that use Nepali raw materials and exporting the final products to Tibet. [break]
“Discussion in this regard is under way with Chinese ambassador and investors. The SEZ can accommodate over three dozen industries,” he said. In a bid to promote export oriented industries, the government has planned to establish special economic zones in 14 places across the country. The government has allotted 1,000 ropanis of forest land for the purpose.
The Special Economic Zone in Paanchkhal is strategic as it is close to Tibet and lies on the Araniko Highway that links the capital with Tatopani.
SEZ establishment will also boost economic activity in the neighboring districts of Sindhupalchowk, Dolakha, Ramechhap and Sindhuli and will create employment opportunities.
Related story
Construction begins at Panchkhal SEZ, finally
