Saturday, May 30th, 2026

Investment Board sets goal of approving investment worth 10 billion USD in five years



KATHMANDU: The Investment Board Nepal (IBN) has set the target of approving investments worth 10 billion US Dollars in the next five years.

It has also set the goal of managing private-public partnership projects worth 6 billion USD in the same period.

The Board made public its Strategic Plan including these goals on the occasion of its 10th anniversary today.

Prime Minister Sher Bahadur Deuba, who is also the Chairperson of IBN, released the strategic plan.

“It is seen that there will be a shortfall of a total annual average of Rs 558 billion to achieve the sustainable development goals. It is not easy for us to attract that much investment when various countries themselves are effortful in bringing investment in the present adverse situation created by COVID-19.

But we are hopeful,” the PM said.

The strategic plan aims to help create at least 100 thousand jobs as well as to contribute towards creating an environment for the promotion of impactful investment.

It has also spelled out five important main goals for developing IBN into an excellent center for private-public partnership.

RSS

Publish Date : 08 September 2021 21:22 PM

Today’s News in a Nutshell

KATHMANDU: Khabarhub brings you a glimpse of major developments of

World Cup expected to trigger record betting surge, says expert

KATHMANDU: The upcoming FIFA World Cup is expected to generate

Land subsidence reported in Pokhara ahead of monsoon

KASKI: Land subsidence has begun appearing in different parts of

NC-affiliated Nepal Tharu Association set to elect leadership through first general convention

KATHMANDU: The Nepal Tharu Association, a sister organization of the

Nepal exports goods worth Rs 88 billion in 10 months

BIRGUNJ: Goods and services worth Rs 88.22 billion were exported