KATHMANDU: Nepal has witnessed an increase in foreign investment commitments, with pledges reaching Rs 20 billion in the first five months of the current fiscal year.
According to the Department of Industry, investment commitments totaling Rs 20.78 billion have been recorded across 319 industries by mid-December.
The tourism sector attracted the highest share of foreign investments, securing 62% of the total pledges, which amounts to Rs 12.77 billion from 145 projects.
The information and technology sector followed, with 106 industries receiving commitments. The service sector also saw significant interest, with 40 projects receiving investments totaling Rs 4.83 billion.
Manufacturing and agriculture received fewer commitments, with 22 and 5 industries respectively securing approvals.
Of the total investment commitments, 138 industries were approved through the automatic system, while 181 industries went through the regular approval process.
Since its establishment, the Department of Industry has recorded cumulative foreign investment commitments of Rs 540 billion, with the potential to create employment for over 337,500 people.
This rise highlights Nepal’s increasing appeal as an investment destination in South Asia, driven by a growing focus on tourism, technology, and services.
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