President Bhandari Urges NRNs to Invest in Nepal

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President Bhandari Urges NRNs to Invest in Nepal

October 16: President Bidya Devi Bhandari has urged Non Residential Nepalis (NRNs) to invest in Nepal.  President Bhandari made such remarks while inaugurating the ninth global conference of NRNA in the capital on Tuesday, October 15.

“The country is in need of investment in infrastructure in order to graduate into a developed country,” said President Bhandari.

Stating that there is political stability after a long time, President Bhandari said that the government has initiated reforms to ensure security of the investment made by Non Residential Nepalis.

Foreign Minister Pradeep Gyawali also urged the NRNs to become the development partners of Nepal.

Meanwhile, President of the Federation of Nepalese Chambers of Commerce and Industries (FNCCI) Bhavani Rana pointed out to the need of utilizing the skills gained in foreign land for the development of our own country.

She also urged NRNs to help in the Visit Nepal 2020 campaign initiated by the government.

Likewise, former president of NRNA Shesh Ghale said that the intentions of NRNs in investing in Nepal is not to gain profit but their emotional attachment to their country. He said that there is still the need for reforms in order to attract foreign investment.

NRNA was established in 2003 with the objective of undertaking social works. The association has been investing in various fronts in the country. NRNA also took the initiative to construct a new settlement in Barpak of Gorkha, which was devastated by the 2015 earthquake.

Around 2500 representatives from 81 different countries are attending the three-day global conference which will elect a new leadership of NRNA.

The conference will conclude on Thursday, October 17.

 

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