Department of Industry Approves 58 Billion in Foreign Investment
Summary
Nepal's Department of Industry approved 58.01 billion rupees in Foreign Direct Investment for fiscal year 2082/83, spanning 1,116 projects across sectors including agriculture, tourism, and IT.
Key Points
- The Department of Industry approved 58.01 billion rupees in Foreign Direct Investment commitments for fiscal year 2082/83.
- A total of 1,116 projects received investment, with 9.58 billion rupees via the automatic route and 48.41 billion through the approval route.
- The agriculture sector led by investment volume with 23.18 billion rupees committed for 18 projects.
- The Information Technology sector had the highest number of projects at 727, worth 2.83 billion rupees.
