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ECONOMY

Nepal approves FDI worth 5 billion mid-December to mid-January

The tourism sector tops the chart, with investment commitments worth Rs 17 billion for 157 tourism enterprises.  
By Republica

KATHMANDU, Jan 16: The Department of Industry has approved foreign investments worth approximately Rs 5 billion in the past month (mid-December to mid-January). The approved investments include 35 projects: 34 small and medium enterprises and one large industry. These investments were approved through both the automatic route and direct investments.


The DoI has also released data covering this fiscal year's first six months (mid-July 2024 to mid-January 2025). According to the details released by the DoI, investment commitments worth Rs 25.27 billion have been received for 354 projects in the first six months of the current fiscal year. These projects include 350 small and medium enterprises and 4 large industries.


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The tourism sector tops the chart, with investment commitments worth Rs 17 billion for 157 tourism enterprises.


Additionally, foreign investors have committed Rs 740 million for six agricultural industries, Rs 120 million for two infrastructure-related industries, Rs 740 million for 119 information technology-related industries, Rs 2.5 billion for 25 manufacturing industries, and Rs 5.15 billion for 45 other service industries.


 

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