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Foreign Investment Commitment Rising

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January 31: Foreign investors’ commitment to invest in the industrial sector of Nepal has been increasing. 

The investment commitment received by the Department of Industry (DoI) and the growing number of industry registration clearly show that the foreign investment commitment is increasing.

According the industrialists, foreign investors have shown interest to invest in Nepal with the conclusion of all three sets of elections which has given the indication of stable political environment and possibility of high economic growth.

The DoI has received investment commitments of more than Rs 14 billion within the first six months of the current fiscal year 2018/19. Investors from 36 different countries have sent their investment proposals to the DoI. Investment commitment during the corresponding period of last FY was Rs 8.30 billion.

According to the statistics of DoI, total of 167 foreign industries have been registered. Around 7000 people will get employment once all the registered industries come into operation.

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