Nepal suitable for investment, comments Indian Minister

Indian Finance Minister Arun Jaitley has said that Nepal is a lucrative destination for investment given its immense economic possibilities.

Addressing the two-day Nepal Investment Summit organised by the Ministry of Industry and Investment Board of Nepal in the Capital today, the Indian Finance Minister said that India wished to see an economically strong Nepal.

 

Saying that Nepal could be developed through proper utilisation of natural resources, Jaitley added there were investment opportunities in Nepal’s energy, agriculture, tourism and irrigation sectors.

He also said there were chances of investment in culture and religious tourism as well.

“The investors of Nepal and India can move ahead through coordination for the investments in educational, medicine and engineering sectors,” he added.

Jaitley also stressed the need for policy reforms for the investment as well as infrastructure development adding that the State should adopt a durable tax policy for expanding investments.

Tagged: Investment 17