header
                        banner
ECONOMY

IBN signs agreement with Malaysian company for the establishment of chemical fertilizer factory

KATHMANDU, Sept 28: The Investment Board, Nepal and a Malaysian company have signed an agreement for conducting a fe...
By Republica

KATHMANDU, Sept 28: The Investment Board, Nepal and a Malaysian company have signed an agreement for conducting a feasibility study for establishment of a chemical fertilizer factory in Nepal. 


IBN Chief Executive Officer Sushil Bhatta and Re-Nicola's Managing Director Bomhidi Abdelali signed the contract from their respective sides amidst a programme on Wednesday. Re-Nicola is a Malaysian company.


Related story

Chemical fertilizer factory based on natural gas technology fea...


Issuing a press release, IBN shared that the agreement was reached to establish a factory of chemical fertilizer- green ammonia and calcium ammonium nitrate. As per agreement, Re-Nicola is obliged to submit a detailed feasibility study within 24 months of agreement.


The chemical fertilizer factory would be established at Abukhaireni of Tanahu district.


(RSS)

Related Stories
ECONOMY

NOC plans to set up chemical fertilizer factory to...

1 min read
ECONOMY

Farmers seize chemical fertilizer in Dhading

1 min read
ECONOMY

Govt advances preliminary process to establish che...

1 min read
ECONOMY

China interested in helping Nepal build chemical f...

1 min read
ECONOMY

China to assist Nepal in establishing fertilizer p...

1 min read