Saturday, September 12th, 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

BRICS Summit: Tight security arrangements, dog squads deployed at Bharat Mandapam

NEW DELHI: Tight security arrangements, including the deployment of dog

River levels below alert threshold, but rise possible with rainfall

KATHMANDU: Water levels in major rivers across the country remain below

Rain expected in several parts of country today

KATHMANDU: The Weather Forecasting Division has forecast the possibility of

Besisahar-Chame road to remain closed throughout today

LAMJUNG: The Besisahar-Chame road connecting Lamjung and Manang will remain

Three unlicensed guns found in forest; woman arrested with drugs

BAGLUNG: A police patrol team recovered three unlicensed guns from