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Govt ready for investment year 2012/13

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KATHMANDU, Jan 2: The government has formed four separate sub-committees to make the investment year 2012/013 a grand success.



A meeting of the Investment Board (IB) held on Monday at the Prime Minister´s Office (PMO) decided to launch extensive publicity campaign for making environment conducive to create investment friendly environment. The meeting was presided over by Prime Minister Dr. Baburam Bhattarai.[break]



Following the meeting, Executive Director of IB, Radhesh Pant informed journalists that Program Sub-committee was formed under the coordination of secretary at the PMO Lilamani Paudel and Investment Promotion Sub-committee was formed under the chair of Suraj Vaidya, the President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI).



Similarly, the meeting also decided to form a sub-committee chaired by Pant for the selection and identification of investments and sub-committee relating to Act/Regulations and strategy led by Vice-Chairman of the National Planning Commission (NPC), Dipendra Bahadur Chhetri.



As part of preparations for the investment year, different programs, interactions and publicity programs would be organized in the next six months.



Executive Director Pant said preparations are underway to sign memorandum of understanding for building eight to ten big projects with the strategy to doubling the foreign and domestic investments.



Present in the meeting were Prime Minister, Minister for Finance, economists and government secretaries.




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