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Last Updated: Fri, 12.10.12 12:35

PM urges NRNs to promote Nepal to attract foreign investment

Prime Minister Baburam Bhattarai has urged the Non-Resident Nepalis (NRNs) to promote Nepal as an investment-friendly country to attract foreign investment.

Addressing a programme organised to mark the NRN Day 2012 in Kathmandu Thursday, PM Bhattarai also called for NRN support in technology and attract foreign investment by spreading g positive information on Nepal.

He informed that the government would unveil 50 mega projects for the large investment very soon.

The PM also said that the government was always in favour of industrial development and was working to create investment friendly environment to bring investment in Nepal’s potentials sectors.

On the occasion, president of the NRNs Association Jiba Lamichhane said NRNs were interested to invest in Kathmandu-Hetauda Tunnel Highway and 100 MW hydropower projects along with cooperation with the private sector.

Similarly, founding president of NRNA Upendra Mahato emphasised on the need to improve in education quality, employment and alleviate poverty to take the country towards prosperity.

He also maintained that Nepal could achieve economic prosperity within 10 years if all the sectors worked together.

On the occasion, Shesh Ghale, a Nepal-born entrepreneur based in Australia, announced investment plan in a five-star hotel in Kathmandu.

Ghale has been named one of the richest persons for the fourth time in the list of top 200 wealthiest Australians. nepalnews.com