National Assembly Members Highlight Gap Between Investment Approval and Implementation
Summary
National Assembly members have urged the government to close the gap between approved investment and on-the-ground project implementation, saying delays and license hoarding are hurting Nepal’s economic development. MPs also called for stronger measures to restore investor confidence after the Gen Z movement and the Bhote Koshi flood.
Key Points
- National Assembly members said Nepal must bridge the gap between investment approval and project implementation to meet development goals.
- MP Ghanshyam Rizal said Nepal needs about 1,500 billion rupees in annual investment, but even 400 billion rupees approved by the Investment Board has not been implemented.
- MP Samjhana Devkota said the Gen Z movement and the Bhote Koshi flood in Rasuwa have shaken investor confidence and hurt tourism.
- Committee Chairman Krishna Prasad Paudel said the government must create a more conducive environment for investment and industry.
