“Our investors are ready to invest in Nepal in different sectors, mainly solar energy, civil aviation and telecommunications. So, an investment-friendly environment through favorable policies is necessary to lure the investments,” said DeLisi at a meeting with Anil Jha, Minister for Industry (MoI), on Tuesday.[break]
A source at the MoI said the US envoy also asked the government to ensure sustainable favorable climate for investment to boost investor confidence in Nepal.
DeLisi, who had played a key role in inviting India-based US investors to Nepal for a meeting with the government and the local business community, said more US investment can be brought to Nepal during the upcoming Nepal Investment Years - 2012 and 2013 if the investors feel their investments secure here.
He also urged the government to treat all foreign investors equally.
Responding to the DeLisi´s concerns, minister Jha assured him of creating favorable conditions for foreign direct investments to Nepal.
“We are in favor of ending political transition by bringing the peace process to a logical end so as to create more investment-friendly environment in our country,” the source quoted minister Jha as saying to the US ambassador.
He also informed the government is coming up with a host of programs to mark the two-year long investment campaign.
Tapping into the sun