Dhakal announces his candidacy for FNCCI member

Kathmandu, Apr. 5:

Banker and businessman Hem Raj Dhakal has announced their candidacy for the posts of member of the Commodity Group at the Federation of Nepalese Chambers of Commerce and Industry.

Dhakal runs Heritage Flooring Carpet Industries, Balaji Coir Industries and Jhapa Tea Estate, and is a director at the Board of Directors of the Excel Development Bank.

Graduated from Australia, he has in-depth knowledge of mattress and tea industry in Nepal.

"With the introduction of flooring carpet and mattress, we substituted imports of carpets. Now about 70 per cent of the total carpet and flooring items are produced in Nepal," he said.

Likewise, according to him, tea is a product that should be promoted in the international market since it is 100 per cent domestic product.

"The tea sector has about Rs. 300 billion investment so far. I am planning to coordinate with the government with an aim of exploiting the potentials of this sector and promote Nepalese tea brand in the international market," he said.

He said that an effective collaboration and coordination among the tea producer, government and international markets was needed to develop the tea sector in Nepal, and there should be a separate board for the development of this sector.

“My major agenda will be to work for the same as a member of the member of the FNCCI,” he said.