Koshi Province Investment Summit: PM calls for investing confidently

Biratnagar, May 1: Prime Minister KP Sharma Oli has called on investors at home and abroad to choose Nepal as the investment destination, stating that it offers ample potentials and favourable atmosphere towards that end. 

Inaugurating the Koshi Investment Summit-2082 BS organised by the Koshi province government here today, the Prime Minister has urged the administrative sector to focus on the mobilisation of internal and external investment when Nepal has a favourble atmosphere for investment in multiple areas including religious, cultural and touristic aspects. 

He pledged all sorts of facilitations on the part of the government to build the investment-friendly system. 

The Koshi Province will be connected to the six-lane East-West Highway of the Asian standard in the future, he said. Underling the need of guaranteeing production, he said, "We can explore potentialities in each sectors." 

The Prime Minister said roads infrastructure with corridor and transit facilities have been constructed in the Province, adding that they will be no issue for the transportation and marketization of the productions here. 

He promised to upgrade various airports in the country in the Biratnagar.

"The Koshi province is rich with cultural, religious and cultural heritages. It has sufficient potentials for herbs. Citizens here are educated and hardworking. That's why it presents sufficient investment potentials," he said. 

PM Oli utilised the moment to call on youths to seek entrepreneurship.  

He also wanted the global branding of the world's tallest mountain by its Nepali name 'Sagarmatha'.

The Prime Minister said the government is always committed to the respect of labour, and the protection of the trade union rights in aligns with the IILO standards, prioritizing the dialogue between employers and workforce.  

On the occasion, the Prime Minister was welcomed by Koshi Chief Minister Hikmat Kumar Karki who said the Summit organised for the first time in the province would help build the national capital and create jobs.

According to him, the Summit is expected to be the platform for moblising the capital above 100 billion.

He expressed his hope that 71 projects in eight sectors will come into operation after the summit. 

"Potential investors are encouraged by the event," he said, adding that the government is working in a way that investors from home, foreign community, non-resident community and the province will be benefited. (RSS)