New govt will encourage private investment, says Prachanda

Maoist chairman Prachanda has reassured the industrialists that the new government under his party's leadership will create conducive atmosphere for national and foreign investments.

During a meeting with the delegation of the Nepal Chamber of Commerce (NCC) on Wednesday, he urged the entrepreneurs no to doubt the intention of the Maoists on economic policy of his party.

Prachanda further said the new government will formulate the economic policy based on the suggestion made by industrialists, economists and traders.

Clearly trying to allay the fears of the business community, the Maoist chairman said that his party would not curtail the profits of the entrepreneurs. He also said his party was ready to work with the private sector.

The NCC delegation asked the Maoist leadership to make clear about their economic policy and public-private partnership. nepalnews.com ia Apr 23 08