|
|
Business Opportunities in Nepal
Nepal is an ideal investment destination for many reasons:
- Liberal economic policy of the government that has created investors-friendly
climate.
- Conducive legal-institutional framework that guarantees investment
protection, repatriation of dividend and capital and ensures their ownerships.
- Various incentives and facilities offered to foreign investors, including
tax holidays.
- Abundant supply of cheap labour force and market potentials both
in domestic sector and in neighbouring countries
- Growing infrastructure
After
Nepal embarked on the path of economic liberalisation in early nineties,
the Government of Nepal has adopted various policy measures and established institutional
support mechanism to attract greater flow of FDI in the country. They
include mainly:
- Industrial Policy, 1992
- Foreign Investment and One Window Policy
- Water Resources Development Policy
- Industrial Enterprises Act, 1992
- Foreign Investment and Technology Transfer Act, 1992, and
- Company Act, 1997
Feasible Project Areas for Foreign Investment:
- Agriculture and agro-based industry
- Textile and apparel industry
- Manufacturing industry
- Construction industry
- Tourism Industry
- Service Industry
- Mineral based industry
- Energy development projects
- Projects under BOT arrangements
|
