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Investment Board gets more members

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KATHMANDU, Dec 29: A meeting of the Investment Board (IB) held today decided to nominate more members in the Board.



The meeting held at the Prime Minister´s Office (PMO) decided to nominate Vice-President of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI), Bhawani Rana, former President of the FNCCI, Kush Kumar Joshi, and industrialist Krishna Acharya. [break]



According to Finance Minister, Barsha Man Pun, the meeting also appointed Anil Shah and Chandra Dhakal as the permanent invitee members in the IB.



Similarly, Minister for Energy, Minister for Physical Planning and Works and Minister for Information and Communications, and Secretary at the Finance and Infrastructure Division of the PMO were also appointed as the permanent invitee members in the IB, Minister Pun said.



Chief Executive Officer of the IB, Radhesh Pant, said discussions were held to create investment-friendly environment and the members agreed to submit concept paper in this regard in the next meeting of the Board.



Panta said, "We are doing homework to create investment-friendly environment though it is necessary to reform on the policy level."



The government has already declared 2012 as the investment year in an attempt to increase investment in the country.



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