Non-resident Nepalis keen on domestic ventures, but cite bureaucratic hurdles and safety fears
Summary
Non-resident Nepalis want to invest in Nepal, but say bureaucratic hurdles, political instability and weak economic security are holding back capital inflows. Leaders at an NRNA conference in Guangzhou called for simpler laws, better infrastructure and a more predictable investment climate.
Key Points
- Delegates at the NRNA’s 11th Asia-Pacific Regional Conference in Guangzhou urged Nepal to simplify regulations and improve the investment environment.
- Former NRNA leaders Binod Kunwar and Upendra Mahato said bureaucracy, restrictive laws and weak implementation are discouraging diaspora investment.
- Speakers said infrastructure gaps, especially at northern border points with China, are hurting trade and manufacturing.
- Nepali officials and lawmakers said they were ready to help identify opportunities and draft laws to attract more investment.
