Confederation of Nepalese Industries Chairman Calls for Prioritizing Automobile and Mobility Sector
Summary
Confederation of Nepalese Industries Chairman Birendra Raj Pandey has urged the government to prioritize the automobile and mobility sector to help make Nepal’s economy more dynamic. Speaking at the opening of the Naima Mobility Expo 2026 in Kathmandu, he said higher capital expenditure, policy stability, and investment in key sectors are needed to drive growth and create jobs.
Key Points
- Birendra Raj Pandey called on the government to give high priority to the automobile and mobility sector.
- He said Nepal’s economy has slowed in recent years, affecting revenue, jobs, production, and trade.
- Pandey argued that higher capital expenditure is necessary to reach the government’s 7 percent growth target.
- He said investment in industry, infrastructure, IT, green energy, and mobility can create jobs and reduce youth migration.