Nepal Sees Positive Signs in Industry and Investment Sector
Summary
Nepal has approved investments worth approximately 5 kharba rupees in the industry and investment sector by Falgun 2082, with the service sector attracting the largest share of foreign investment. Over 11,000 industries are registered, providing employment for about 7.85 lakh people.
Key Points
- Approximately 5 kharba rupees in investment approved by end of Falgun 2082/83 fiscal year.
- Over 11,000 industries registered, estimated to provide direct employment for 7.85 lakh people.
- Foreign direct investment worth 6.25 kharba rupees approved for 7,951 projects, with the service sector receiving the largest share.
- Total company registrations have reached about 3.7 lakh, with private companies comprising 97.5%.
