header banner
ECONOMY

‘Foreign investment is safe in Nepal’

KATHMANDU, Nov 8: Chandra Prasad Dhakal, the Acting President of the Federation of Nepalese Chamber of Commerce and Industry, has requested prospective investors to invest in Nepal as there are good returns on foreign investment in Nepal.
By Republica

KATHMANDU, Nov 8: Chandra Prasad Dhakal, the Acting President of the Federation of Nepalese Chamber of Commerce and Industry, has requested prospective investors to invest in Nepal as there are good returns on foreign investment in Nepal.


Dhakal, the Acting President of the FNCCI, requested for the foreign investment during a meeting held at the secretariat of the federation between a three-member delegation led by Lee Sang-gun, a member of the upper house of the National Assembly of Korea, who visited Nepal on Monday.


“The private sector is constantly disconcerting the government about bringing foreign investment to Nepal. Accordingly, the important laws related to foreign investment have also been amended," Dhakal said. "Since there is a strong possibility of getting huge returns by investing in Nepal, we expect great support from the delegation in expanding Korean investment. There are great opportunities for investment in all sectors in Nepal.”


Related story

Investment Board collaborates with KPMG to promote investment p...


Similarly, Lee Sang-gun, a member of the upper house of the National Assembly of Korea, said that Korea is always ready to help Nepal's economic development while sharing the experience of Korea's economic development.


The meeting was attended by the Vice President of the Federation Anjan Shrestha, Chairman of the Industry Committee Bharatraj Acharya, Director General of the Federation Gokarnaraj Awasthi and members of the Korean delegation.


 


 


 


 


 

Related Stories
ECONOMY

Foreign investment commitments decrease by over Rs...

ECONOMY

New bill to encourage foreign investment

ECONOMY

Lack of investment-friendly laws raises concerns a...

ECONOMY

Nepal has investment-friendly environment: Foreign...

ECONOMY

Nepal Investment Summit 2019-Nepal aims at 30 bn U...