KATHMANDU, Aug 26: The China-Nepal industrial park project in eastern district in Jhapa, estimated to cost around Rs 64 billion, is set to move forward as the Investment Board Nepal (IBN) convened its 55th meeting on Friday.

KATHMANDU, Aug 25: The Investment Board Nepal (IBN) has granted approval for a substantial investment of Rs 36.37 billion across four hydropower projects. In its 55th meeting convened on Friday, the IBN greenlit this investment for the Rolwaling River, Chujung River, Dana River, and Saniveri hydropower ventures.

KATHMANDU, July 30: During a review of the annual report of the Investment Board Nepal, Prime Minister Pushpa Kamal Dahal conveyed his vision of transforming the board into a highly competent institution. He urged for the board to be equipped with agility, efficiency, and expertise, allowing it to become a hub of knowledge and experience.

KATHMANDU, July 14: The Investment Board of Nepal (IBN) has initiated a process to establish a chemical fertilizer company in the country.

KATHMANDU, March 17: The Investment Board Nepal (IBN) has permitted NHPC Limited, India, to carry out study of 450 MW Seti River-6 Hydropower Project.

KATHMANDU, Jan 20: NHPC Ltd, India, on Thursday submitted an inception report of the 750 MW West Seti Hydroelectric Project to the Investment Board Nepal (IBN).

KATHMANDU, Sept 29: Indian company NHPC submitted an application to the Investment Board Nepal (IBN) on Tuesday for a survey permit for the West Seti Hydroelectric Project. The officials of the company submitted the application to Sushil Bhatta, chief executive officer of the IBN on Tuesday.

KATHMANDU, March 28: Finance Minister Janardan Sharma has said that it is necessary to raise investment in big projects. Speaking at a Memorandum of Understanding (MoU) signing ceremony between Investment Board Nepal and Federation of Nepalese Chambers of Commerce and Industry (FNCCI) on cooperation in raising domestic capital and attracting foreign investment on Sunday, he suggested the officials select the projects that are worthwhile.

KATHMANDU, Dec 16: The Office of the Investment Board Nepal (IBN) has started study of four mega projects worth Rs 150 billion.

KATHMANDU, June 20: The Investment Board Nepal (IBN) has approved a cumulative investment worth Rs 185.43 billion to be invested in seven projects on pipeline.

KATHMANDU, March 30: Minister for Physical Infrastructure and Transport Raghubir Mahaseth said that Nepal is expecting to complete Detail Project Reports of Kathmandu-Kerung and Kathmandu-Raxual railways within one year.

KATHMANDU, March 29: The government has requested all investors attending the ongoing Investment Summit to invest in Nepal.

KATHMANDU, March 29: The Nepal Investment Summit 2019 is currently underway at Hotel Soaltee in the capital. As part of the summit, the first plenary session titled "Investment opportunities in Nepal" is now going on. Various speakers are delivering presentations during the session chaired by Foreign Minister Pradeep Kumar Gyawali.

KATHMANDU, March 29: Amid a special function, Nepal Investment Summit 2019 officially kicked off with National Anthem in the capital on Friday morning.

KATHMANDU, March 29: Prime Minister KP Sharma Oli has said that development agenda and foreign investment enjoy national consensus in Nepal.

KATHMANDU, March 28: The government has pledged to set up one-stop service units for investors at the earliest aiming to provide easy and fast services. The units to be set up at the Investment Board Nepal and the Department of Industry aim to eliminate bureaucratic hassles and delays.

KATHMANDU, March 17: Energy projects top the government priority for foreign direct investment (FDI) in terms of investment amount, according to the Investment Board Nepal (IBN).

KATHMANDU, March 13: The Finance Committee of parliament has concluded that a five-year cooling period should be fixed for the CEO of Investment Board Nepal (IBN) to join any company and project implemented by the board.

KATHMANDU, Nov 26: Investment Board Nepal (IBN) has decided to issue survey licenses for building two solar power plants -- one of 150 MW in Lomanthang of Mustang district and the other of 125 MW in Chilime of Rasuwa district -- to Dolma Fund Management, a European developer.

KATHMANDU, Sept 20: The government is planning to host another investment summit in March next year to promote Nepal as ‘a lucrative destination’ for investment.

KATHMANDU, Sept 20: Delay in building infrastructure like access road and electricity supply, among others, have affected many development projects. One example is Hongshi Shivam Cement Pvt Ltd in Nawalparasi.