KATHMANDU, May 29: In a landmark move to boost international competitiveness, the government has opened the door for Nepali industries to invest beyond national borders.
Presenting the national budget, Finance Minister Bishnu Prasad Paudel announced that Nepali exporters can now invest up to 25 percent of their total export earnings in foreign ventures.
Nepali IT companies permitted to invest abroad
“This initiative will allow exporters to set up processing plants abroad using raw or semi-processed goods from Nepal,” the minister said, positioning the move as a step toward value addition and global market integration.
To ensure national economic benefit, the policy requires that at least 50 percent of the profits from such overseas investments be repatriated to Nepal. The approval process for these investments will be overseen by the Investment Board Nepal.
The decision marks a significant shift in Nepal’s traditionally inward-looking investment policy and is expected to help Nepali brands expand their footprint in the global market.
