Government forms committee to evaluate the investment proposals.

Kathmandu, April 18: The Government of Nepal has formed a  committee under the coordination of Secretary at the Prime Minister’s Office for looking after the financial and physical infrastructures throughout the country. The Government has formed the mechanism in order to evaluate the proposal submitted in the investment sectors Nepal showcased during the recently held investment summit. The meeting of the Investment Board formed the five-member committee.

The committee comprises joint secretary each from the Ministry of Physical Infrastructures and Transport, Ministry of Energy, Hydropower and Irrigation, Ministry of Industry, Commerce and Supply, and a member from the Investment Board.

While presiding over the meeting, Board Chairman and Prime Minister KP Sharma Oli thanked everyone for the success of the summit that has encouraged the investors to invest in Nepal. He also directed all bodies concerned to implement the investment proposal setting priorities. He also directed the concerned bodies to complete the construction of well equipped international convention centre in the Kathmandu Valley within five months.

Executive Director of the Board, Maha Prasad Adhikari, informed the meeting about the investment proposals Nepal has received and the measures Nepal can take on the received proposals.