Rs 24.35 billion pledged in foreign investments across 220 industries in 6 months

FDI foreign direct investment - foreign investment
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Kathmandu, December 18

In the first six months of the current fiscal year, foreign investment commitments totalling Rs 24.35 billion have been pledged.

The Department of Industry reports that foreign investment commitments amounting to Rs 20.615 billion have been received across 199 industries. Additionally, 21 industries/institutions have engaged in share purchase agreements totalling Rs 3.74 billion.

The department reports that a total of 10,120 jobs will be generated from investments made in the first six months of the current fiscal year. Between November 17 and December 16, foreign investment commitments totalling Rs 2.25 billion have been made in 21 new industries. Among the commitments made until December 16, three industries are categorised as large, seven as medium, and 189 as small.

The department highlights that the tourism sector has received the largest share of investment commitments. Following closely, the service sector ranks as the second most attractive, while the manufacturing industry secures the third position in terms of investment commitments.

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