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<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>Executive Director at Investment Board, Radhes Pant, said with this approval, the Chinese company will initiate its works by registering a partner company at Department of Industry in Nepal.</p>
<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
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Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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Chinese company allowed investing Rs 14 billion in cement production
1 min 2 sec to read
December 20: A Chinese company has been allowed to establish a cement industry with the investment of Rs 14 billion in Nepal.
The 19th meeting of the Investment Board presided over by its Chairman and Prime Minister KP Sharma Oli on Sunday evening approved the proposal on permitting one of the biggest cement companies of China, Huwag Narayani Cement Company (Sanghai), to invest in cement industry in Nepal.
As per the approval, the Chinese company will produce 1.1 million ton of cement.
Executive Director at Investment Board, Radhes Pant, said with this approval, the Chinese company will initiate its works by registering a partner company at Department of Industry in Nepal.
The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.
Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS
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<p>The 19th meeting of the Investment Board presided over by its Chairman and Prime Minister KP Sharma Oli on Sunday evening approved the proposal on permitting one of the biggest cement companies of China, Huwag Narayani Cement Company (Sanghai), to invest in cement industry in Nepal.</p>
<p>As per the approval, the Chinese company will produce 1.1 million ton of cement.</p>
<p>Executive Director at Investment Board, Radhes Pant, said with this approval, the Chinese company will initiate its works by registering a partner company at Department of Industry in Nepal.</p>
<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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<p>The 19th meeting of the Investment Board presided over by its Chairman and Prime Minister KP Sharma Oli on Sunday evening approved the proposal on permitting one of the biggest cement companies of China, Huwag Narayani Cement Company (Sanghai), to invest in cement industry in Nepal.</p>
<p>As per the approval, the Chinese company will produce 1.1 million ton of cement.</p>
<p>Executive Director at Investment Board, Radhes Pant, said with this approval, the Chinese company will initiate its works by registering a partner company at Department of Industry in Nepal.</p>
<p>The company had submitted a proposal of foreign direct investment (FDI) on establishment of industry in Nepal. Within two years, it will run a factory producing raw materials as clinker.</p>
<p>Executive Director Pant informed that another Chinese company was investing in the Shivam Cement of Hetauda.<br />
Addressing the meeting, PM Oli directed the concerned ministries to work in a way that would rid the country of load shedding in a year. “Anyone obstructing development activities in any pretext are taken action,” he added. RSS</p>
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