Diaspora Investment Company Established for Nepal's Economic Development
Summary
Diaspora Investment Company has been established to develop Nepal's economy through collective investment by Nepalis living abroad, focusing on sectors like hydropower, tourism, agriculture, and infrastructure.
Key Points
- Diaspora Investment Company has been formally registered in Nepal to channel collective investment from Nepalis abroad.
- The company's main investment areas include hydropower, tourism, agriculture, and infrastructure sectors.
- The company aims to consolidate small capitals of non-resident Nepalis for large, prestigious projects.
- The initiative seeks to provide minimal risk and assured returns with transparent investment practices.