Chief Minister Shah said that the provincial government is committed to create an investment-friendly environment, make legal and policy reforms accordingly and protect investments.
What you should know
A discussion was held between Confederation of Nepal Industry (CNI) and the government of Sudurpaschim province on the investment and development conference to be organized by the province. In a discussion held on Monday at the Secretariat of the Confederation, Chief Minister Kamal Bahadur Shah asked to participate in the investment conference and asked to invest in areas with high potential in the Far West.
Chief Minister Shah also asked the Confederation of Nepal Industry to play a leading role in attracting investment in the province. Chief Minister Shah said that the provincial government is committed to create an investment-friendly environment, make legal and policy reforms accordingly and protect investments.
Expressing his support for the opinion of the investors who cannot purchase the necessary land for setting up the industry, he expressed the commitment of the state government to provide the necessary infrastructure with land for setting up the industry . Tell me how much land is needed for the industry. The state government guarantees land for setting up industries. We will deliver roads, electricity, water,' said Chief Minister Shah, 'You do the investment.'
He mentioned that the federal government and all the political parties of the state are united for the creation of investment-friendly rules and laws and made it clear that he wants to move forward with the private sector. Birendraraj Pandey, the president of the Confederation, promised that the Confederation will provide all possible support to make the investment and development conference organized by the government of Far West Province a success. He pointed out the need to increase private investment for the overall economic development of the country and said that if there is an investment-friendly environment, law and policy ease, investment will come to the province.
The former president of the confederation, Haribhakt Sharma, clarified that it is not possible to invest by purchasing land and said that if the state government follows an easy and fast process, investment can be brought in. He made it clear that no government has any option but to take the private sector along with it to increase investment .
Vice President of the Confederation Raj Bahadur Shah said that the Confederation is ready for the necessary coordination to make the investment conference organized by the province a success. Pointing out the need for the government to provide other procedures, legal and policy ease to the private sector to bring in investment, he mentioned that the Far West Province is a fertile land for investment.
