Kathmandu, July 18: Deputy Prime Minister and
Finance Minister Krishna Bahadur Mahara Tuesday urged Norway to expand its
investment in Nepal.
In a courtesy meeting with the Norwegian ambassador
Kjell Tormod Pettersen at Singha Durbar, DPM Mahara said, “With the
implementation of remaining elections, the prolonged transition will be over
and there will be even better investment climate. Therefore, this is the high
time to increase your investment in Nepal.”
According to a press statement issued by the
Ministry of Foreign Affairs (MoFA), issues like bilateral interest and
investment were discussed in the meeting.
The DPM thanked Norway for its support in Nepal’s
peace process and during the devastating earthquake in 2015.
Ambassador Pettersen said that Norway was interested
to increase its investment in hydroelectricity sector in Nepal.
He said that Norway would continue to support Nepal
in its economic, social and democratic development.
Meanwhile, DPM Mahara launched Chinese Higer
mini-bus in Nepal. The vehicle is imported in Nepal by Arks Group.
Speaking at the bus launching ceremony, he said that
the government would facilitate large passenger vehicles and luxury tourist
buses.
Chief executive officer of the group Rajul Shrestha
said that the bus had A/C heater, wifi, refrigerator, television, and other
facilities required for comfortable journey.
The bus costs Rs. 7.37 million in Nepali market.
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