Investors should not be discouraged: Chief Minister Lama

While addressing the third general meeting of Wagmati Province Industry Confederation held in Hetounda on Wednesday, Chief Minister Lama protested that investors are being discouraged due to the state's policy and pointed out that it is necessary to amend it . "It is necessary to amend laws and laws that discourage investors," he said.

Chief Minister Lama also said that it is important to be clear about the rights of the three levels of government for the development of the industrial sector. Stating that the province does not have the rights of industrial sector and industry matters, he said that it is necessary to create an environment for large international companies to enter Nepal for investment. He said that employment cannot be created without operation of

industry. "It is imperative to create employment opportunities to reduce the rising unemployment rate and prevent youth migration," he said. He emphasized that it is necessary to coordinate with the private sector, saying that the government alone cannot provide employment in the current situation. Industry cannot operate unless there is coordination between the government and the private sector. Employment is not created,' he said, 'The first way to create employment is the operation of industry. Currently, the industry does not seem to be supported by any sector . That's why Nepali investors have also gone abroad more. Chief Minister Lama said that everyone should cooperate on how to bring in investment in industrial factories. In the

program, Minister of Industry and Commerce of the province, Sukmaya Tamang, emphasized that an industry should be established to brand local liquor. She said that discussions are being held with the union government to implement the plan for branding local liquor and the province should have the right to operate the industry. In the

program, Birendra Raj Pandey, Central Vice President of Nepal Industry Confederation, said that industrial development can strengthen the country's economic situation.