KATHMANDU: The Nepal National Federation of Transport Entrepreneurs (NNFTE) has asked its subordinate committees to register their companies at the Company Registrar’s Office within five days.

Issuing a statement today, the Federation has asked its members to register themselves under the Company Registration Act as per the agreement reached between the NNFTE and the government.

It has urged the transport entrepreneurs to register themselves at the Company Registrar’s Office after seeking recommendation from the Transport Management Office.

According to the agreement reached with the government, the transport entrepreneurs must register their companies within the next five days.

Currently, a total of 3.2 million, including 1.1 million in Kathmandu Valley, passenger vehicles are under operation in the country.