Oli, Malaysian businesspersons discuss investment potential in Nepal

Kathmandu: A delegation of Malaysia-Nepal Business Council called on Prime Minister KP Sharma Oli and discussed investment potential in Nepal.

During the discussion held at PM’s residence, Baluwatar today, the 20-member delegation led by Executive Chairperson of the Paradise Group Company of Malaysia, Pradip Kumar Kukreja, informed PM Oli that they had arrived in Nepal to learn about business atmosphere here in detail and for the meaningful trade relations between the two countries.

On the occasion, PM Oli informed foreign businesspersons that Nepal government had made legal and structural reforms to encourage and facilitate foreign investment. The investment climate in Nepal was improved and favourable at present, Oli reminded, pledging further reform on it.

The delegation showed interest in pouring money in waste (plastic) management, IT park and tourism. The issues like tourism, agriculture, IT, workforce and garment also featured during the discussion.

The delegation arrived in Nepal for three days at the coordination of Nepali Embassy in Malaysia. Also attending the discussion were PM’s chief advisor, Bishnu Rimal, and advisor on economic affairs, Dr Yubraj Khatiwada.

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