The government is ready to roll out the red carpet to bring in foreign investment: Minister Pandey

'Government has given priority to cooperation with the private sector in the development of tourism infrastructure'

Baishak 29, 2082

Narayan Sharma

The government is ready to roll out the red carpet to bring in foreign investment: Minister Pandey

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Culture Tourism and Civil Aviation Minister Badri Pandey has said that the government has prioritized cooperation with the private sector in the development of tourism infrastructure in Nepal.

'The government cannot invest in hotels, cable cars, hospitality and hospitality. In this, the role of the private sector has been given priority," said Pandey. "The government is doing its homework to amend the Act to promote the investment of the private sector in the tourism sector. He said that the government is ready to roll out the red carpet to attract foreign investment in Nepal.

Minister Panda said this while speaking at the inauguration of the Ila Hotel and Resort built by the IME Group of tourism businessman Chandraraj Dhakal at Moulakalika Danda in Gaindakot, East Nawalparasi.

He said that the government is committed to creating a favorable environment for the construction of cable cars and hotel business in Nepal due to the fact that the investment made by the private sector in the hotel business is of an international level.

Chairman of Federation of Commerce and Industry and Chairman of IME Group Dhakal discussed that the investment made by the private sector in Nepal is contributing to job growth and economic prosperity. He said that the government is simplifying the complicated legal process to create an environment for the private sector to invest in the country and it will also be easier for foreign investments.

Narayan

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