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May 4: The establishment of industries in Bhairahawa Special Economic Zone (SEZ) will start from mid-July. After the essential amendment of the work procedure of Special Economic Zone Development Committee by the Cabinet, inviting the investors for the establishment of industries, the necessary procedure was moved forward for the operation of Bhairahawa Sez.
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Bhatta added, “Completing all process, the establishment of industries at Bhairahawa SEZ will get started from the mid-August.” According to the new system stated in work procedure, within a year of agreement, the industry should be established and should start the production.
Likewise the foreign investment will not be allowed on the industries producing food items and agro products, herbal products, leather goods, carpets and woolen goods, pashmina and silk, hand-made papers, handicrafts and ornaments, sportswear, jewelry and precious stone, plastic production, hosiery, assembled electronics and production of electrical parts, information technology and beverages. “We are planning to provide license to the foreign investors investing in other sectors besides above mentioned sectors,” Bhatta says, adding, “Investors from Taiwan, Korea and China are showing interest to invest in the industries in SEZ.”
Likewise, multinational company Coca-Cola has also expressed its willingness to come to SEZ.
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<p style="text-align: justify;">Likewise the foreign investment will not be allowed on the industries producing food items and agro products, herbal products, leather goods, carpets and woolen goods, pashmina and silk, hand-made papers, handicrafts and ornaments, sportswear, jewelry and precious stone, plastic production, hosiery, assembled electronics and production of electrical parts, information technology and beverages. “We are planning to provide license to the foreign investors investing in other sectors besides above mentioned sectors,” Bhatta says, adding, “Investors from Taiwan, Korea and China are showing interest to invest in the industries in SEZ.”</p>
<p style="text-align: justify;">Likewise, multinational company Coca-Cola has also expressed its willingness to come to SEZ. </p>
<p style="text-align: justify;"> </p>
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<p style="text-align: justify;">According to the Committee, the interested investors can submit their proposals with detail information of technical and financial capacity, experience of operating industry including others. “In the upcoming three months, the analysis of received proposals, preparation of list, providing license to establish industries including other works will be concluded,” informs Executive Director of the Committee, Chandi Prasad Bhatta.</p>
<p style="text-align: justify;">Bhatta added, “Completing all process, the establishment of industries at Bhairahawa SEZ will get started from the mid-August.” According to the new system stated in work procedure, within a year of agreement, the industry should be established and should start the production.</p>
<p style="text-align: justify;">Likewise the foreign investment will not be allowed on the industries producing food items and agro products, herbal products, leather goods, carpets and woolen goods, pashmina and silk, hand-made papers, handicrafts and ornaments, sportswear, jewelry and precious stone, plastic production, hosiery, assembled electronics and production of electrical parts, information technology and beverages. “We are planning to provide license to the foreign investors investing in other sectors besides above mentioned sectors,” Bhatta says, adding, “Investors from Taiwan, Korea and China are showing interest to invest in the industries in SEZ.”</p>
<p style="text-align: justify;">Likewise, multinational company Coca-Cola has also expressed its willingness to come to SEZ. </p>
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<p style="text-align: justify;">According to the Committee, the interested investors can submit their proposals with detail information of technical and financial capacity, experience of operating industry including others. “In the upcoming three months, the analysis of received proposals, preparation of list, providing license to establish industries including other works will be concluded,” informs Executive Director of the Committee, Chandi Prasad Bhatta.</p>
<p style="text-align: justify;">Bhatta added, “Completing all process, the establishment of industries at Bhairahawa SEZ will get started from the mid-August.” According to the new system stated in work procedure, within a year of agreement, the industry should be established and should start the production.</p>
<p style="text-align: justify;">Likewise the foreign investment will not be allowed on the industries producing food items and agro products, herbal products, leather goods, carpets and woolen goods, pashmina and silk, hand-made papers, handicrafts and ornaments, sportswear, jewelry and precious stone, plastic production, hosiery, assembled electronics and production of electrical parts, information technology and beverages. “We are planning to provide license to the foreign investors investing in other sectors besides above mentioned sectors,” Bhatta says, adding, “Investors from Taiwan, Korea and China are showing interest to invest in the industries in SEZ.”</p>
<p style="text-align: justify;">Likewise, multinational company Coca-Cola has also expressed its willingness to come to SEZ. </p>
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<p style="text-align: justify;">Bhatta added, “Completing all process, the establishment of industries at Bhairahawa SEZ will get started from the mid-August.” According to the new system stated in work procedure, within a year of agreement, the industry should be established and should start the production.</p>
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