Nepal Chamber of Commerce Chairman Emphasizes Private Sector Role in Infrastructure Development
Summary
Nepal Chamber of Commerce Chairman Kamlesh Kumar Agarwal says infrastructure development and economic growth will only accelerate if the private sector is brought fully into the process. He urged the government to finish incomplete projects, improve investment-friendly laws, and use public-private partnerships to mobilize capital more effectively.
Key Points
- Kamlesh Kumar Agarwal said Nepal’s infrastructure and economic growth depend on giving the private sector a central role in development.
- He urged the government to complete unfinished projects, prioritize well-prepared projects in the budget, and enforce discipline on time, cost, and quality.
- Agarwal said public-private partnerships, efficient contractor selection, and early resource allocation are essential for capital mobilization.
- He argued that complex regulations, weak implementation, and the lack of a one-window system are discouraging domestic and foreign investment.
