Kathmandu, June 27 : Main opposition party, Nepali Congress (NC) has decided to file collective amendment proposal on the Investment Facilitation Bill.
A meeting of the NC parliamentary
party held in Singha Durbar on Wednesday took the decision to this effect after
consultation with a section of entrepreneurs, industrialists and investors on
the investment facilitation bill.
A decision was made to put
amendment proposal in group seeking legal reforms in the bill which is not
investment-friendly, said House of Representatives (HoR) member Nagina Yadav
who also attended the meeting.
The amendment proposal will be
registered on behalf of the NC parliamentary party also on the basis of the
recommendations of industrialists, entrepreneurs and investors, she further
shared.
Lawmaker Yadav said there was a
need of eight-point amendments to the bill made to facilitate foreign
investment facilitation.
The amendment proposal will be made
in the areas, including land ceiling, land acquisition, forest, public private
partnership investment and Special Economic Zone.
As a party with a conviction on
liberal democracy, NC has explored alternatives and thoughts on flexible
measures to attract foreign investment.
The entrepreneurs had also voiced
their complaints for not addressing their inputs and recommendations on the
bill in course of discussion earlier.
NC's assistant general secretary
said the parliamentary party held consultation with experts and stakeholders on
the investment bill as part of its routine discussions on several bills.
According to him, the entrepreneurs recommended the NC to emphatically put
amendment proposal to bring reforms in the investment facilitation bill.
Chiefs and representatives of the
umbrella organization of industrialists and entrepreneurs had attended the
discussion on behalf of business community. (RSS)