By Modnath Dhakal
Kathmandu, Mar. 29: Chinese investors
are investing in a modern industrial area, Clean Industrial Park, in Damak municipality
of Jhapa district in south-east Nepal.
The Chinese investment is being
channelised through the 'One Belt One Road (OBOR)' initiative.
"The detailed project report (DPR)
of the park is in the final stage, and the land acquisition process is
underway, said Bhaskar Raj Rajkarnikar of OBOR International Trade Platform
Nepal Committee, an international non-government organisation established here
as a national coordinating agency to collaborate with similar organisations
from other countries in the OBOR network.
“Most of the industries in the park
will be established with Chinese investment," he added.
According to him, the DPR will be
completed in a couple of months.
However, he said that it was too early
to announce the amount of foreign direct investment (FDI) that would come to
the park.
About 700 bigahas of land have
been acquired for the industrial park with support from the municipality
office.
Rajkarnikar appreciated the effective
coordination shown by the municipality office in acquiring the land and said
that the park would be expanded to 2,200 bighas.
Although the nature of the industries
to be set up in the park has not yet been finalised, most of the industries
will be of a manufacturing nature and export-oriented.
The DPR of the park was initiated a
couple of months after a memorandum of understanding (MoU) was signed between
the two countries in Chengdu during the visit of former Prime Minister KP
Sharma Oli to China in 2016.
The agreement was signed by
Rajkarnikar, who is also advisor to the Park, and executive director of OBOR
Jong Chaohui.
Former Prime Minister Oli, Minister for
Foreign Affairs Kamal Thapa, Minister for Finance Bishnu Poudel and Minister
for Commerce Deepak Bohara as well as Chinese ministers and high ranking
officials had been present at the MoU signing ceremony.
Rajkarnikar said that the industries in
the park would follow international standards in that they would be
eco-friendly in set up and operation.
The Ministry of Industry confirmed the
development of the park.
More than 22,000 Chinese manufacturers
are connected with the OBOR network through 100 centres in China.
"OBOR had helped us during the
Nepal Investment Summit earlier this month. It has also pledged to support us
in establishing a business platform in Nepal and displaying Nepalese products
online and offline in China," said Rajkarnikar.
Vona Consulting was established in New York, internationally operated with three offices in China. chinese manufacturers
ReplyDeleteThere are available many industrial areas in Jaipur. They are developing manufacturing unit for business developers in Jaipur. We developed industrial area with international facilities in kishangarh. We start Ratan Industrial Area in Jaipur for manufacturing unit in affordable price such as 5500 Sq.mtr.
ReplyDelete
ReplyDeleteRecording success in Cryptocurrency, Bitcoin is not just buying and holding till when bitcoin sky-rocks, this has been longed abolished by intelligent traders ,mostly now that bitcoin bull is still controlling the market after successfully defended the $60,000 support level once again and this is likely to trigger a possible move towards $100,000 resistance area However , it's is best advice you find a working strategy by hub/daily signals that works well in other to accumulate and grow a very strong portfolio ahead. I have been trading with Mr Bernie doran daily signals and strategy, on his platform, and his guidance makes trading less stressful and more profit despite the recent fluctuations. I was able to easily increase my portfolio in just 1week of trading with his daily signals, growing my $3000 to $25,000 Mr Bernie’s daily signals are very accurate and yields a great positive return on investment. I really enjoy trading with him and I'm still trading with him, He is available to give assistance to anyone who love crypto trading and beginners in bitcoin investment ,he can also help you recover your lost funds I would suggest you contact him on WhatsApp : + 1424(285)-0682 , Gmail : (BERNIEDORANSIGNALS@GMAIL.COM) or Telegram : @IEBINARYFX for inquiries