KATHMANDU, September 5: The Investment Board Nepal (IBN) has projected to facilitate investment worth Rs 1.18 trillion inside the country in the next four years.
Unveiling its four-year roadmap and strategic plan, the government authority has put forth its ambitious plan to be accomplished by 2026. The aforementioned capital, that included both domestic and foreign investment, is expected to generate direct employment to 100,000 people.
In addition to this, the IBN has also targeted to prepare projects worth more than Rs 700 billion in the public-private-partnership model. The board has said it will be considering policy departures and institutional restructuring and reforms to achieve the goal.
In a decade of its establishment, the IBN so far has approved capital of Rs 832 billion in 27 projects. These projects are now at various stages of implementation.