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Investment friendly milieu

Non Residents Nepalis officials said that Nepal lacked an investment -friendly environment to attract foreign investments to country. They blamed that the political instability coupled with professional insecurity had discouraged potential investors. Devman Hirachan, president of NRN Association, said that once there was peace and security for the investors and political stability in the country, there is huge potential of attracting foreign investment to the country. He said that more than 25 per cent of GDP was received from remittance. He blamed that the government failed to utilise the amount in right place. The remittance has failed to generate employment opportunities in the country.


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