Kathmandu, Nov. 30
President of Cambodia Chamber of Commerce
(CCC) Oknha Lim Heng said on Friday that the Cambodian businessmen were
interested to invest in Nepal.
“The bilateral aviation agreement inked
between Nepal and Cambodia on Thursday will be a milestone in strengthening
bilateral trade and investment and developing tourism,” he said in a meeting
with the Federation of Nepalese Chambers of Commerce and industry (FNCCI).
A strong relation between the governments of
the two countries will contribute in better private sector relations as well,
he said.
He also inquired about the investment
policies and legal provisions of Nepal.
FNCCI President Bhawani Rana urged the
Cambodian investors to invest in Nepal saying that as the country had a stable
government and its aim was the economic prosperity, Nepal had conducive
investment environment.
“There are many potential investment areas in
Nepal. However, sectors like agriculture, tourism and hydroelectricity have
greater potential. The government has reformed the investment policies for
these sectors,” she said.
She also said that the foreign investors can
have 100 per cent equity in the companies they establish in Nepal.
Both the chambers have agreed to sign a
Memorandum of Understanding (MoU) for cooperation between them.
The business delegation is in Nepal to
participate in the Asia-Pacific Summit 2018.
Published in The Rising Nepal daily on 1 December 2018.
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