My Republica

Ram C Acharya

The author is associated with the University of Ottawa

Marshalling foreign investment

Published On: March 30, 2019 01:05 AM NPT By: Ram C Acharya

The government of Nepal has organized Nepal Investment Summit, only two years after holding a similar conference, with more than 600 delegates from foreign governments, multinational institutions and companies around the world. Government has showcased 77 projects with cost of US$ 33.6 billion, and the private sector has proposed 17 projects at $1.8 billion, making the conference price tag $36.4 billion.

Pathway to prosperity

Published On: October 10, 2018 01:30 AM NPT By: Ram C Acharya

In the 1980s, an average Chinese or Indian was as poor as an average Nepali. Today, an average Chinese is six-times richer and average Indian is two and half times richer than a Nepali