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Project timeline should not be extended: Minister Sharma

Khabarhub

January 3, 2022

< 1 MIN READ

Project timeline should not be extended: Minister Sharma

Minister for Finance Janardan Sharma (L) and IBN CEO Sushil Bhatta at an interaction held on IBN premises, in New Baneshwor, Kathmandu, Monday.

KATHMANDU: Minister for Finance Janardan Sharma urged the investors in the country to timely inform him about the issues facing their projects.

At an interaction with the investors at the office of the Investment Board in Baneshwor on Sunday, Minister Sharma argued that time was the biggest capital. “Hence, extension in project timeline would lead to increase in investment and result in loss.”

“Please inform us timely about the issues related to project on time so that the government could facilitate and address those problems at the earliest,” Sharma appealed the investors.

The Minister pledged to create an enabling environment for new investors and to motivate old investors.

Sharma, who is also the vice-chairperson of the Board, instructed the Board’s CEO Sushil Bhatta to present him a note informing about the issues and problems facing the development projects, the conditions of such projects and recommendations to address those issues.

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