Wednesday, September 28, 2022

FNCCI VP urges NRNs to bring investment, technology to Nepal

 Kathmandu, Sept. 24

Chandra Prasad Dhakal, Senior Vice President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has urged the non-resident Nepalis in Europe to bring Europe's prosperity, knowledge and technology to Nepal.

Addressing the 14th European regional meeting of the Non-Resident Nepali Association (NRN) held on Saturday in Sweden, he asked all the Nepalis in Europe to bring the prosperity they have earned there into Nepal and to inspire industrialists from Europe to invest in Nepal, informed the NRN Europe Committee.

"Be it in Europe or in other countries of the world, Nepalis have been staying to acquire knowledge, skills, capital and technology. Bring these acquisitions to Nepal, the prosperity of our country is not far away," he said.

Responding to the case of some NRNs and investors saying that there is no investment environment in Nepal, he said, "It is not that there is no investment environment in Nepal. If anything needs to be reformed, FNCCI will facilitate in that regard. This is the right time for investment in Nepal."

Stating that he was eager to work in a joint venture with the NRNs, Dhakal also gave an example of the 27-MW Dordikhola Hydroelectricity Project, a joint venture of the same nature, which has been successful and electricity generation has been started.

Stating that one can get returns by investing in hydropower, tourism and infrastructure sectors of Nepal, he presented various examples of how to benefit from them. 

Published in The Rising Nepal daily on 25 September 2022. 

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