Lawmakers Express Concern Over Private Investment Concentration in Hydropower
Summary
Lawmakers have raised concern that private investment in Nepal is overly concentrated in hydropower, urging greater participation in waste management, manufacturing, agriculture and other sectors. They called for stronger policies, a one-door approval system and better facilitation to attract private capital.
Key Points
- Lawmakers said private sector investment in Nepal is concentrated in hydropower and should be diversified into other priority sectors.
- MPs questioned why more than 72 percent of private companies are drawn to hydropower while essential areas like waste management and processing remain underfunded.
- Deepak Kumar Sah raised concerns over rising hydropower construction costs and possible hidden expenses or fund diversion.
- The committee discussion called for a secure investment environment, stronger PPP policy and better facilitation through the Investment Board.
