Nepal Attracts Rs 11.12 Billion in Foreign Investment Commitments in First Two Months of FY 2083/84
Summary
Nepal received foreign direct investment commitments worth Rs 11.12 billion in the first two months of fiscal year 2083/84, with tourism and information technology attracting the most interest. The total is far below the more than Rs 33 billion committed in the same period last year, while most approved projects were small-scale ventures.
Key Points
- Nepal received foreign direct investment commitments worth Rs 11.12 billion across 328 industries and projects in the first two months of fiscal year 2083/84.
- Tourism attracted the largest committed amount, while information technology led in the number of approved projects.
- Investment commitments fell sharply compared with the same period last year, when more than Rs 33 billion had been committed.
- Most registered projects were small-scale, and the Department of Industry recommended business visas for foreign investors and their dependents.
