Infrastructure Minister Sunil Lamsal Announces New Law for Project Implementation
Summary
Physical Infrastructure and Transport Minister Sunil Lamsal says Nepal will bring stalled investment projects into implementation through a new one-door law. The government plans to streamline approvals, set clear timelines, and resolve long-pending obstacles faced by domestic and foreign investors.
Key Points
- The government plans to enact a new law to speed up implementation of stalled investment projects in Nepal.
- Minister Sunil Lamsal said all proposals from past investment summits and bilateral discussions will be advanced through a one-door system.
- The law will define a clear timeline from contract signing to project implementation, with changes promised if projects take more than three months.
- The government will also hold separate talks with long-term investors to identify practical obstacles before Dashain.
