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NCC Urges Malaysian Investors to Invest in Nepal

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NCC Urges Malaysian Investors to Invest in Nepal
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November 7: Rajesh Kazi Shrestha, President of Nepal Chamber of Commerce (NCC) has urged the representatives of National Chamber of Commerce and Industry Malaysia (NCCIM) to expand investment in Nepal on November 6. 


On the occasion, Shrestha requested the Malaysian representatives to invest in Nepal as the business environment in Nepal has become favourable due to the political stability. He also highlighted the benefits of investing in Nepal including cheap labour and reach to Indian and Chinese market. 


Shrestha also clarified the need of large investment and modern technology in Nepal to reconstruct the country after the devastating earthquake.  He also highlighted that manufacturing, agriculture, tourism, mines, education and health sectors can be the potential investment areas for Malaysian investors in Nepal.


During the meeting, NCC and NCCIM signed a pact in a bid to promote bilateral trade and investment. NCC believes that the agreement will further improve the economic relation between the two countries. 

 

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