© All rights reserved. NepalKhabar

Business

NCC urges Japanese industrialists to invest in Nepal

Nepalkhabar

 |  Kathmandu

NCC President Rajendra Malla. (File Photo)

Nepal Chamber of Commerce (NCC) has urged the Japanese industrialists and businessmen to invest in Nepal.

NCC President Rajendra Malla suggested for Japanese investment and partnership during discussions with the visiting representatives of the International Cooperation Organization for Small and Medium Enterprises in Asia (ICOSEA) on Tuesday.

On the occasion, he urged the Japanese entrepreneurs to invest in the hydropower development, tourism, industrial and electric sectors in Nepal. "Nepal and Japan have high-level economic and diplomatic relations. Nepal is the best destination for investment. I urge the Japanese industrialists and businesspersons to invest in the hydropower, tourism, industry, among other sectors, in Nepal," he said.

ICOSEA president Kurose Nabuhiro had inquired about the prospective sectors for investment in Nepal. He shared that the small and medium enterprises were the hardest-hit sectors after the COVID-19 pandemic.

The ICOSEA president expressed the commitment to move ahead partnering with NCC for joint investment in the potential sectors for investment, including hydroelectricity, tourism and others, in Nepal.



Comments

Related News

NEPSE nosedives 70.31 points

The Nepal Stock Exchange (NEPSE) index plunged by 70.31 points on Tuesday. The bench mark index,…

Gold price hits new record

The price of yellow metal has reached an all-time high of Rs 123,000 per tola (11.66 grams) in the …

NEPSE suspends trading after 6% surge

The share trading has been suspended for today after the Nepal Stock Exchange (NEPSE) index surged …

All mountain flights canceled due to inclement weather

All the mountain flights departing from Kathmandu today have been canceled due to unfavorable weath…