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 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 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 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: 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.