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Foreign Investment Commitments Increase in Nepal

  • 28 JAN 2014

One hundred and twenty foreign investors have obtained permission to incorporate their subsidiaries or joint ventures in Nepal from the Department of Industries (the foreign investment regulator) in the first half of 2013-2014 fiscal year.

While there is an increase in the sum of “project size” by 150% in comparison to  the previous year, there is a decrease in the number of firms securing the foreign investment approval. One hundred and fifty five investors secured the approval in the same period last year.

The increase in the “project size” is because of registration of hydropower project (energy) companies from two last year to six this year. Energy projects of cost Rs. 19.99 billion have been approved.

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