Monday 22 April 2024

Foreign Investment in Nepal

Until the mid-March of fiscal year 2022/23, 183 industries were registered in the

Department of Industry, with an approved investment of Rs. 105 billion. This is

expected to create employment for 12,748 individuals. Until the fiscal year

2022/23, 159 industries registered in the Department of Industry have received

foreign investment approvals equivalent to Rs. 20.56 billion.


The investment limit for making foreign investments easy has been

revised to Rs. 20 million, and the investment limit for non-resident

Nepalis has been removed.


8.16 Until the mid-March of 2023, among the industries receiving foreign

investment, 33.2% are service-oriented, 33.0% are in the tourism sector,

and 22.5% are production-oriented industries. The estimated employment

generation is higher in production-oriented industries and lower in

infrastructure-oriented industries.


8.17 Until the mid-March of 2023, among the approved foreign investments,

29.7% is in the energy sector, 23.3% in the service sector, 22.2% in the

tourism sector, and 17.2% in the production-oriented sector. The least

foreign investment approval is seen in the primary sector industries.

8.18 Until the mid-March of 2023, among the industries that received foreign

investment approval, China has the highest share at 44.7%, followed by

India at 23.5%. In terms of the number of investment approvals as well,

China has the highest share at 37.4%, and India follows with 14.4%.


Economic Survey 2022/23



No comments:

Post a Comment

~news

Article 43 of the Constitution preserves the fundamental right to social protection for all children. Similarly, The Child Rights Act 2018 p...

Popular