Kathmandu, May 1: Prime Minister Puspa Kamal Dahal 'Prachanda' has expressed happiness over the signing of an Memorandum of Understanding (MoU) between the Rara Holding and Expert Group Australia for the construction of a Resort near the Rara Lake in Mugu on the sidelines of the Third Investment Summit. He pledged the government's support for the promotion of tourism.
The Prime Minister said this in a
talk to the representatives of Rara Holding this morning. During the meeting,
the Prime Minister said, "The MoU for the construction of a resort at
Murmatop in Rara is significant. Tourism is one of the most important areas for
prosperity in Nepal. For this, the State should emphasize on tourism
infrastructure. I am happy that you private sector has taken the initiative for
this. It will contribute significantly to the promotion of domestic and
external tourism in Rara".
The Prime Minister said the State
would extend support in infrastructure development for attracting tourists to
Rara. "The State will also play a role for infrastructure development for
the construction of resorts," he said.
The government will provide support mainly in the construction of roads, electricity transmission, drinking water and other sectors. This investment will not only help in attracting tourists to Nepal but also increase internal revenue, the PM added.
On the occasion, Abhishek Bikram
Shah of Rara Holding Pvt Ltd and Sanjeev Sharma of Expert Group Australia
expressed their commitment to complete the work within the stipulated time as
per the agreement reached at the investment conference.
On the sidelines of the third
investment summit held on Monday, Rara Holding and Expert Group Australia
signed a memorandum of understanding (MoU) to construct a well-equipped resort
near Rara Lake at a cost of Rs 1.1 billion.