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CNI, Sudurpaschim government hold talks: CM urges investors to invest

SPIL
Global College
Nepal Life New

Let’s fight. Kathmandu: The Confederation of Nepalese Industries (CNI) and the Far-Western State Government have held discussions on investment and development conference to be organised by the province. In a discussion held at the Confederation’s Secretariat on Monday, Chief Minister Kamal Bahadur Shah urged the investors to participate in the summit and invest in the high potential sectors in the far-western state. He also urged the Confederation of Nepalese Industries (CNI), an association of industrialists, to play a leadership role in attracting investment in the province.

Chief Minister Shah said the state government was committed to create an investment-friendly environment, make legal and policy reforms accordingly and protect investment. He also expressed his support to the statement of the investors that they could not set up industries by purchasing land and expressed commitment that the state government would build roads, electricity, water and other infrastructures along with the land required for the establishment of industries.

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“Tell me how much land is needed for the industry. The state government guarantees to provide land for setting up industries. We provide roads, water and electricity. You should invest,” he said. Chief Minister Shah said that the provincial government and all the political parties of the province were united along with the federal government for the formulation of investment-friendly rules and laws.

On the occasion, Confederation President Birendra Raj Pandey pledged to extend all possible support to make the Investment and Development Summit being organized by the Sudurpaschim State government a success. Pointing out the need to increase private sector investment for the overall economic development of the country, he said investment would come in the province if there was an investment-friendly environment, law and policy easing.

Former president of the Confederation, Hari Bhakta Sharma, made it clear that investment could not be made by purchasing land and expressed commitment to bring investment if the state government follows the land, easy and quick process. He clarified that no government has the option of taking the private sector along to increase investment.

Vice-president of the Confederation, Raj Bahadur Shah, said that the confederation was ready to make necessary coordination to make the investment conference being organized by the state a success. He also said that sudurpaschim state is fertile land for investment.

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