Foreign investment commitment of Rs 1.4 billion in Magh alone

From Shrawan to Magh of the current fiscal year, 524 industries have received commitments for foreign direct investment (FDI) worth Rs 40.28 billion.

Falgun 5, 2082

Kantipur Reporter

Foreign investment commitment of Rs 1.4 billion in Magh alone

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In the month of Magh alone, there has been a commitment of Rs 1.04 billion in foreign direct investment (FDI). According to the monthly data released by the Department of Industries, investment commitments have been made in 49 industries in Magh.

Investment commitments of Rs 449.5 million have been made in 37 industries through the automatic route and Rs 606.2 million have been made in 12 industries through the approval route. The department has stated that from Shrawan to Magh of the current fiscal year, commitments of Rs 40.28 billion have been made in 524 industries.

Investment commitments have been made in 8 large industries, 8 medium industries and 507 small industries in the 7 months of the current fiscal year. Investment commitments have increased in Magh compared to the previous month. While only Rs 599.5 million were made in Poush, there was a commitment of Rs 1 billion in Magh.

In the first six months of the current fiscal year, Rs 8.17 billion in foreign direct investment (equity only) has been inflowed. In the same period of the previous fiscal year, Rs 6.48 billion in foreign direct investment (equity only) had been inflowed.

Kantipur

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