Foreign Investment Commitments Exceed 47 Billion in 11 Months
Summary
Direct foreign investment commitments in Nepal have exceeded 47 billion rupees in the first 11 months of fiscal year 2082/083, with significant approvals in agriculture, IT, and tourism sectors.
Key Points
- Direct foreign investment commitments reached over 47 billion rupees by the end of Baishakh in fiscal year 2082/083.
- A total of 914 projects with foreign investment were approved in 11 months, expected to generate employment for 25,450 people.
- Agriculture and forest-based sectors received the highest investments, followed by IT and tourism sectors.
- Investment approval peaked in Shrawan with about 25 billion rupees and fluctuated in subsequent months, with various approvals for business visas and repatriations in Jestha.