NCC urges Malaysia for establishment of industrial village in Nepal
Nepal Chamber of Commerce (NCC) has urged Malaysia for the establishment of industrial village in Nepal.
The NCC representatives met Charge d’Affaires of Malaysia to Nepal, Mohd Fadzle Abu Hassan, and reminded him of setting up industrial village as per integrated investment on tourism, information technology and production.
NCC Chairperson Rajendra Malla stressed the need for high level cooperation at government level between Nepal and Malaysia to spur investment. He further said NCC would take initiative for ensuring Malaysian investment in Nepal, he added.
“Malaysia is also the best labour destination for Nepal. In addition to labour, we request Malaysian government for investment in other sectors, including tourism, hydropower and information,” Malla reminded.
In response, the Charge d’Affaires Hassan however said they were not clear about the law on guarantee of return although they were ready for the investment. “Malaysia has been expanding its investment in IT sector in south Asian countries. But, further clarity on policy regarding investment return is imperative,” he stressed.
Event about climate change to take place at Syangboche on March 8
14 children killed in leopard attacks in Tanahun in five years
Integrated website management system implemented
EC issues election code of conduct for presidential, vice-presidential election
PM to look after additional eight Ministries