Foreign investors suggest creating conducive environment for FDI « Khabarhub
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Foreign investors suggest creating conducive environment for FDI

06 February 2019  

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KATHMANDU: Foreign investors have emphasized on creating an environment that is conducive for bringing in Foreign Direct Investment (FDI) in the country. They have also suggested easing the visa process and work permit-related issues for expatriates in Nepal.

In an interaction organized by Institute for Strategic and Socio-economic Research (ISSR) with the support of International Labor Organization (ILO) at the Pavilion Media Hall in Kathmandu today, they suggested the government to enact expats-friendly laws, to create conducive business, and working environment in Nepal.

The complicated and lengthy work permit, and visa process have become extremely difficult to hire foreigners here, they said while urging the government to ease such issues to attract them. Some investors suggested that the five percent work quota for foreigners has been creating problem while stressing the need of increasing the percentage to fulfill the demands here.

In the interaction organized on the eve of the Investment Summit in March 2019, they also focused on encouraging foreign investment and businesses.

Publish Date : 06 February 2019 19:43 PM

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