Kathmandu, Feb. 16:
Minister for Industry Nabindra Raj Joshi said that 21 industries had pledged to
establish their plant in the Bhairahawa Special Economic Zone (SEZ), and more
than Rs. 5 billion would be invested in the Zone.
Inaugurating the office
of SEZ amidst a programme in Bhairahawa Thursday, he urged the businessmen and
industrialists to establish industries in the Zone.
"Required
electricity to run industries will be made available immediately after the
establishment of the factory. You need not to worry about electricity. By the
time you set up factories, the electricity facilities would be ready in the
SEZ," he told the businessmen.
He stated that the
businessmen had to register their industries with the SEZ office which would
shorten the registration process.
He assured the private
sector that the SEZ would come into operation at any cost since it was crucial
for creating employment and reducing trade deficit.
According to the
Minister, the foundation for the industrial revolution in the country had been
laid, and the Ministry of Industry had been working with an aim of creating
enough employment opportunities which would create environment to stop youth
from going abroad in search of jobs.
Executive director of
SEZ Chandika Prasad Bhatta informed that the SEZ had signed agreements with 21
companies which would export 75 per cent of their products.
"The industries
that are willing to come to the SEZ are readymade garment, PVC mat, cement
block, cement electrical, fabric, rubber and shoe, wires, medical herbs, soaps,
garment processing, ginger processing, mineral water, electronic vehicle
assembling and juice," he said.
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