Kulman Ghising: Natural Disasters Should Not Deter Nepal Investment
Summary
Kulman Ghising has urged investors not to lose confidence in Nepal after recent natural disasters, saying extraordinary calamities should not be used to portray the country as risky for investment. He also called for a special relief package for hydropower projects in the BhoteKoshi-Trishuli corridor and stronger safety standards for future projects.
Key Points
- Kulman Ghising said recent natural disasters should not create a negative perception about investment in Nepal.
- He argued that hydropower design standards should account for risk without becoming so strict that projects become economically unfeasible.
- Ghising demanded a special government package, including customs exemptions and concessions, for flood-damaged private hydropower projects in the BhoteKoshi-Trishuli corridor.
- He criticized the Ministry of Energy for not playing a strong enough leadership role in rescue and response after the disaster.
