The provincial government rushes to Kathmandu to find investment in the Far West

The state government is holding an investment and development conference on November 1 and 2. During the preparations for the conference, the team led by Chief Minister Shah is running in Kathmandu.

भाद्र १९, २०८२

अर्जुन शाह

The provincial government rushes to Kathmandu to find investment in the Far West

What you should know

The team led by the Chief Minister of Far West, Kamal Bahadur Shah, has been busy in discussions with various agencies in Kathmandu for a week calling for investment in the development of the province. In the team, the Chief Minister, Ministers, MPs from the ruling and opposition parties are calling the relevant sectors for investment in the province.

The state government is holding an investment and development conference on November 1 and 2. During the preparations for the conference, the team led by Chief Minister Shah is running in Kathmandu. In the team, the chief secretary of the province, the vice chairman of the provincial policy and planning commission and members and employees are also participating. 

The provincial government team, which started meeting last Tuesday, has met with the commercial sector through the Ministry of Industry, Commerce and Supply, with tourism professionals through the Ministry of Culture, Tourism and Civil Aviation, with donor agencies and ambassadors through the Ministry of Foreign Affairs, and with energy and water resources sector professionals through the Ministry of Energy, Water Resources and Irrigation, and requested to increase investment in the Far West.

Similarly, Chief Minister Kamal Bahadur Shah said that discussions were held with the leaders of the business sector including World Hindu Economist Forum, Asian Development Bank, World Bank, Chamber of Commerce.

State Policy and Planning Commission Secretary Ganesh Bahadur Singh said that through a meeting chaired by Industry, Commerce and Supply Minister Damodar Bhandari, Chief Minister Shah asked the private sector to increase investment in Far West. Singh said that due to the physical development compared to the past and the proximity of India's Uttarakhand and Uttar Pradesh, Far West can be a suitable destination for investment.

along with the provincial team, Chief Executive Officer of Investment Board Sushil Gyawali, member of National Planning Commission Prakash Shrestha and stakeholders from government and private sector participated. Jitu Upadhyay, Chief Minister Shah's political advisor, stressed that businessmen need to go to dozens of places to register for land management and industrial registration in the meeting. Upadhyay said that during the establishment and operation of the

The provincial government rushes to Kathmandu to find investment in the Far West

industry, it should be ensured to remove the disruption that may occur from the ward and community level, for that there should be political commitment at the grassroots level. "We are having detailed discussions with multilateral stakeholders in Kathmandu to prove not only the formalities but also the investment conference as a cornerstone for the development of the Far West," said Upadhyay, "We are excited by the interest of businessmen and development partners to invest in the Far West." Nrip Bahadur Sunar said.

Private sector leaders said that legal and institutional reforms, exemptions and concessions are necessary to attract investment in Far West and pointed out that road infrastructure development is necessary. During that time, they have pointed out that there are difficulties because some of the laws made by the central government could not be made at the state level. "Let the state government provide a preamble and a detailed project report for investors to attract investment," said Sunar, the entrepreneurs.

In the meantime, the provincial government's team, which is inviting investment in Far West, has discussed with the tourism professionals through the Ministry of Culture and Tourism. Chief Minister Shah said that he is eager to welcome the development of tourism infrastructure and increase in tourism activities in the Far West, which is full of potential for tourism. He said that he wants to show the tourism potential of Far West at the national and international level.

For that, he said that the provincial government is committed to the necessary legal and security issues. In the said discussion, the Minister of Culture, Tourism and Civil Aviation, Bandri Prasad Pandey urged the tourism businessmen to increase investment in the Far West by trusting the private sector to create an investment-friendly environment to develop tourism in the Far West, which is a blend of 'Nature, Culture and Adventure'.

In a discussion with ambassadors and development partners of various countries at the Ministry of Foreign Affairs, Minister Arju Rana stated that Far West is the gateway to the prosperity of Nepal and called on foreign investors to help by investing in hydropower, renewable energy, agriculture, tourism, cross-border trade, urban infrastructure, information technology and digital infrastructure, mining and natural resource-based industries and development activities. During the

discussion, in the meeting with the representatives of the Hindu Economy Forum, Chief Minister Shah has asked to invest in the religious tourism of Far West. Suraj Vaidya, coordinator of the World Hindu Economy Forum, said that studies have been conducted on the vast potential for religious tourism in the Far West.

Though efforts have been made to bring in investment in the Far West, it has been pointed out that there is a policy problem. It is necessary for the state government to make an investment-friendly policy first. Mahesh Dahal, the general secretary of Hindu Economic Forum, who is also a former ambassador, said that the world's Hindus are interested in Nepal and pointed out that the Far West is a province with potential for religious tourism.

The provincial government rushes to Kathmandu to find investment in the Far West

Kush Kumar Joshi, the former president of the Federation of Commerce and Industry, emphasized that during the Prime Minister's visit to India, he should raise the issue of making various checkpoints commercial checkpoints with the Indian Prime Minister. Similarly, former Governor Chiranjeevi Nepal said that he would urge Hindus all over the world to increase investment for the development of the Far West.

Joshi pointed out that by creating a transit between India and China, both countries should be asked to invest and he emphasized that they should be able to attract investors from India's Uttar Pradesh and Uttarakhand. Chief Minister Shah said that the provincial government is committed to creating an investment-friendly environment and asked to change the way of looking at Far West.

On Sunday, in a discussion held at the Ministry of Energy, Water Resources and Irrigation, Chief Minister Shah asked energy sector investors to invest in the province. He also asked the investors who have taken the license of hydropower production in Far West to start work immediately. His political adviser Upadhyay said that Chief Minister Shah has asked him to invest confidently as the state government is creating an investment-friendly environment. Energy Water Resources and Irrigation Minister Deepak Khadka, who participated in the discussion program, admitted that there are some problems in the law. "In the first stage, there are preparations to solve the land and forest problems." Minister Khadka said, "We are preparing to make legal arrangements to end the trend of stopping work by creating obstacles in the land and compensation for investors.

Sudurpaschim government started preparations by announcing an investment conference in 080 with the aim of economic and social transformation of the province . But the government moved the date and fixed the date of the investment conference for the 1st-2nd of November for the fourth time. "Earlier, the date had to be moved due to many reasons. The conference scheduled to be held in October has been postponed to November due to the Prime Minister's visit to India," Chief Minister Shah said. "We are preparing for the conference to develop the Far West as an attractive destination for investment and prove to be a cornerstone in the economic and social transformation of the province.

The Asian Development Bank (ADB) has also submitted the study report on the integrated economic and tourism development of Far West Province to the provincial government. Chief Minister Shah said that the private sector and international development partners are eager to join the development of the province during the investment conference which is going to be organized with the aim of cooperating with all parties concerned with the development of the province.

'But according to everyone, there are some complications to work in the province, there is no way without coming to the door of the union . There is a common complaint that there is a legal problem," Chief Minister Shah said, "We try to remove the obstacles in every possible way. The union ministers have said that most of the law reform works have been progressed . We are also ready.'

He said that everyone's interest has increased in making the Far West a priority and an investment environment has been created in the Far West, which is full of investment opportunities. "A good response has also been received from the Asian Development Bank and the World Bank," Chief Minister Shah said, "Private sector has kept land acquisition as the main problem." Businessmen insist on putting an end to administrative hassles. We plan to move away from the one-door system. We have said that the province itself will stand up to remove obstacles where there is discomfort. The provincial government has formed two committees and five sub-committees for the investment conference.

The main organizing committee and directorate committee under the coordination of Chief Minister Shah, the advisory committee under the coordination of Foreign Minister Arju Rana Deuba, the coordination and facilitation committee under the coordination of UML parliamentary party leader Rajendra Singh Rawal, and the executive committee under the coordination of Economic Affairs Minister Bahadur Singh Thapa .

The sub-committees under the executive committee include the project identification and development sub-committee under the coordination of UML MP Chakra Malla, the policy and law study and recommendation sub-committee under the coordination of independent MP Tara Joshi, the investor identification and coordination sub-committee under the coordination of United Socialist MP Naresh Kumar Shahi, the propaganda sub-committee under the coordination of Maoist Center MP Shivsingh Oli and the state level investment sector coordination sub-committee under the coordination of Congress MP Vikram Singh Dhami. And Nrip Bahadur Sunar, a member of the Planning Commission, said.

There is an implementation committee with the secretaries of all the ministries under the coordination of the chief secretary . UML MP Chakra Malla said that from the discussions held in Kathmandu, a common conclusion was reached that the existing laws and laws are the main challenges for the development of the province. United Samajwadi MP Naresh Kumar Shahi said that the private sector and development partners are excited to invest in Far West and said that it is essential to create an environment in the province. The team will return to Dhangadhi on Wednesday.

अर्जुन शाह शाह कान्तिपुरका सुदूरपश्चिम प्रदेशका संवाददाता हुन् ।

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