July 20, 2024, Saturday
Nepal 1:37:26 pm

Indian businessmen meet Prime Minister Prachanda

The Nepal Weekly
June 11, 2024

A delegation of the Federation of Indian Chambers of Commerce and Industry (FICCI) held a meeting with the Prime Minister Pushpa Kamal Dahal ‘Prachanda’ who was on an official visit to India.    

Prime Minister Prachanda and officials of FICCI discussed the possibility of investment in Nepal in the meeting held Monday at Hotel Taj, where the Prime Minister was residing.     

On that occasion, Prime Minister Prachanda mentioned that Nepal is a suitable country for Indian investors and urged them to invest in tourism, energy, agriculture and other sectors. He said that during the third investment summit held in Kathmandu, Nepal has created a suitable environment for investment by comprehensively reforming the legal structures.     

Prime Minister Prachanda said, “An environment suitable for investment has been created, I urge you to invest with confidence.” He further assured that Nepal was a suitable place for investment from the consumer point of view as well.     

Prime Minister Prachanda advised that it would be appropriate to invest in Nepal’s energy sector when there is a long-term agreement with the Indian government to sell 10,000 megawatts of electricity in ten years.   

On that occasion, FICCI President Dr. Anish Shah said that he and his members were interested in investing in Nepal’s energy, tourism and solar energy. Mentioning that they were closely studying the measures taken by Prime Minister Prachanda for investment.