KATHMANDU: Prime Minister KP Sharma Oli emphasized the need to enhance the investment climate in Nepal to attract more domestic and foreign investment.
During a meeting today with Sushil Bhatta, Chief Executive Officer of Investment Board Nepal (IBN), Prime Minister Oli, who also chairs the IBN, highlighted the importance of creating a conducive environment for investment.
“The investment environment in the country needs continuous improvement to attract more domestic and foreign private investments. The institutional capacity of the Board should also be strengthened to develop it as a center of excellence for public-private partnerships,” the Prime Minister stated.
CEO Bhatta presented the performance report for the fiscal year 2023/24, detailing the progress made in project development, investment promotion, and institutional strengthening.
He also discussed the challenges encountered during project implementation, the Board’s efforts to address these issues, and the lessons learned, while outlining the future outlook.
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