energyNP.com  
Tel
98510-91900 
Email
energyNP@hotmail.com 
Menu

 
 
News  
Back to energy news list >>>
 

 
 
 Air Conditioner
 Battery
 Booster Pump
 Charger
 Cold Storage Room
 Electric Power Tools
 Electric Water Heater
 Garbage Disposal
 Station
 Generator
 Heat Pump
 Inverter
 Power Supply
 Rectifiers
 Self Priming Pump
 Solar Energy
 Solar Water Heater
 Transformer
 Treadmill
 UPS
 Voltage Stabilizer
 Wind Energy
 
  FNCCI President Warns Against Discouraging Private Sector, Highlights Need for Policy Stability

Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), has cautioned that activities discouraging the private sector could negatively impact Nepal’s development and employment generation. Speaking at the inauguration of the FNCCI’s third convention, Dhakal emphasized the critical need for policy stability and an end to actions that demotivate private enterprises to foster national growth.

“The private sector takes significant risks to invest, creates jobs, and contributes taxes to the state. However, recent activities have spread a negative narrative among the public, discouraging the private sector. This needs to change,” Dhakal stated. He expressed confidence that recent policy reforms by the government have laid the groundwork for an investment-friendly environment but urged swift implementation through regulations and guidelines.

Dhakal underscored the private sector’s belief that such measures would enhance business activities in Nepal, encouraging both domestic and foreign investments. Highlighting untapped potential, he noted that the private sector has taken the initiative to establish the Nepal Development Public Investment Company to drive large-scale projects within the country.

Calling for collaboration between the government and the private sector to attract local and foreign investors, Dhakal reiterated that the FNCCI has prioritized improving the business climate and promoting investment. He affirmed the organization’s commitment to coordinating with the government and other stakeholders to achieve these goals.

Economic Development and Budget Recommendations

Stressing the importance of a positive environment for economic progress, Dhakal urged the government to prioritize industries that support import substitution and export promotion in the upcoming budget. He also raised concerns about recent challenges plaguing the industrial and business sectors, including rising cement and iron prices, as well as power cuts (loadshedding), which have hampered operations. He called for immediate government action to address these issues.

“The private sector is the backbone of employment and economic activity. Discouraging it harms the nation’s progress. We need a collaborative approach to resolve these challenges and unlock Nepal’s potential,” Dhakal concluded.

The FNCCI president’s remarks come at a time when Nepal seeks to bolster its economy through increased investment and industrial growth, with the private sector playing a pivotal role in driving this transformation.

[ 23 March, 2025 / fiscalnepal.com ]   
 
 SYSTEM
 Backup System
 Solar System
 Wind Power System
 Heating System

 AC & Ventilation
 System

 Cold Room System
 Charging System
 for
 Telecom/Industry
 Substation System
 
Voltage Stabilizer Nepal Kathmandu
 
UPS Nepal Kathmandu
 
Lithium iron battery LiFePO4 Battery Nepal Kathmandu
 
Inverter Hybrid On-grid Off-Grid Energy Storage Solar Inverter Nepal Kathmandu
 
Gree Air Conditioner Nepal Kathmandu
 
Electric Folded Treadmill Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
Solar Water Heater Nepal Kathmandu
 
Gree Air Purifier Kills Novel Coronavirus Nepal Kathmandu
 
Battery Charger Nepal Kathmandu
 
Complete Power Solution
 
 
 
 
Solar Water Heater Nepal Kathmandu Solar Energy Nepal Kathmandu Wind Power Nepal Kathmandu Power Generator Nepal Kathmandu Voltage Stabilizer Nepal Kathmandu Transformer Nepal Kathmandu AirConditioner Nepal Kathmandu Battery Nepal Kathmandu UPS System Nepal Kathmandu Rectifier Nepal Kathmandu
 
 
Link: The Official Portal of Goverment of Nepal Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow Nepal! Nepal Global Buying SIMONES Industries|Nepal Power Solution
  Nepal Goverment Nepal Electricity Authority Nepal Alternative Energy Promotion Centre Nepal Telecom Nepal Department of Agriculture Nepal Department of Industry wow-Nepal | Nepal Global Buying SIMONES Industries |Nepal Power Solution
 
Fair: Investment Summit Nepal Himalayan Hydro Expo Nepal Kathmandu China International Import Expo China Import and Export Fair China-South Asia Exposition Guangzhou Int’l Refrigeration, Air-Condition, Ventilation, Air-Improving Equipment Exhibition Guangzhou International Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
  Investment Summit Nepal Himalayan Hydro Expo Nepal China International Import Expo China Import and Export Fair China-South Asia Exposition Int'l Refrigeration, Air-Condition Fair Int'l Solar Photovoltaic Exhibition Asia Battery Sourcing Fair
 
Copyright @ 2014 All right reserved. Simones Industries