KATHMANDU, March 12: An investment company is said to be established engaging entrepreneurs and businessmen from all over the country under the initiative of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI). FNCCI President Chandra Prasad Dhakal revealed this initiative during the annual general meeting of the Birgunj Chamber of Commerce and Industry.
According to FNCCI President Dhakal, common individuals and businessmen from across the country can invest in the company and the money collected will be invested in various projects. The authorized capital of the company will be Rs 10 billion. Chairman Dhakal said that businessmen other than members of the FNCCI can also invest in it.
Nepal Investment Company worth Rs 10 billion established under...
During the program, Dhakal also said that he is taking initiatives to enhance the country's economy. He lamented the lack of consensus among political parties on economic matters and expressed a desire for unity among all parties during the FNCCI's upcoming annual general meeting in mid-April.
He said that the FNCCI is constantly trying for reforms and the macroeconomic debate held last October was its milestone. Then, recalling that Prime Minister Pushpa Kamal Dahal had organized an all-party meeting, Dhakal said that the financial sector has improved since then. "We still have to try," Dhakal said, "We need everyone's cooperation to keep the market running."
Dhakal highlighted the FNCCI's ongoing efforts towards economic reforms, citing the significant macroeconomic debate held last October as a milestone. Reflecting on Prime Minister Pushpa Kamal Dahal's initiative to convene an all-party meeting, Dhakal said there have been improvements in the financial sector since then. He stressed the importance of collective efforts to sustain market operations, stating, "We still have much to achieve. There is a need for cooperation from all stakeholders.”
