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Website For Foreign Investors

  1 min 16 sec to read

--By TC Correspondent
 
With an aim to provide detailed information on investment prospects in Nepal, a new website has been launched for foreign investors. The website (www.theiguides.org/nepal) was launched last Thursday (February 13) with joint efforts from the Department of Industry (DoI) and United Nations Conference on Trade and Development (UNCTAD). 
 
The website offers all the relevant information on Nepal’s economic situation, and rules, regulations and laws related to investment in the country. According to Krishna Gyawali, secretary at the Ministry of Industry, the website is basically an investment guide to Nepal and is expected to help attract foreign investment. 
 
“The website will help foreign investors to understand Nepal’s overall situation,” Gyawali said, “It is expected to increase the flow of foreign investment to Nepal.”
 
According to Dhruva Lal Rajbanshi, director general of the DoI, foreign investors willing to invest in Nepal can get all relevant information on Nepal from their home countries through the website. “We hope that the website will be instrumental in attracting foreign investment to Nepal,” he said.
 
UNCTAD, which has already prepared such websites for other least developed countries had started preparing the website for Nepal from the last year. A similar website has already been launched in countries like Rwanda.  

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