PM Oli urges businesspersons to invest confidently

Kathmandu, April 9: Prime Minister KP Sharma Oli has urged the businesspersons to invest confidently, while sharing that there is political stability in the country. The stable politics has paved way for economic development.     

Addressing the inaugural function of the 74th annual general assembly of Nepal Chamber of Commerce on Wednesday, PM Oli said the industrialists could forward constructive and creative schemes with use of science and technology to augment investment.     

PM Oli reminded that artificial intelligence (AI) could be utilized for production and productivity rather than for spreading misleading information and defaming people and institution. "We are in need of increasing foreign investment and joint ventures. You should convince the foreigners to invest in potential areas," he said, adding that the investment is essential not only for businesspersons but for the entire country.     

According to him, Chamber had hailed the ordinance the government brought for economic development. He praised the Chambers' stand of favouring the cause for good.     

Moreover, the PM said the country needs good governance and development, but corruption is creeping surreptitiously. Corruption control warrants all sides' cooperation, he stressed.     

On a different note, he reminded the government formed by the two large parties was for change and the coalition would continue even after the next election.     

PM Oli thanked Chamber of Commerce for assisting government in the issues relating to policy formulation.     

Different industrialists and businessperson were given awards by the PM at the programme.     

The PM also released a book published by Chamber of Commerce.(RSS)