VP Pun bats for country’s post-elections prosperity

Kathmandu, April 28

Vice President Nanda Bahadur Pun today said no one could stop Nepal from moving towards the path of prosperity once the civic polls are held on time.

While inaugurating the formal launch of Mount Everest Group — a business venture initiated by a group of non-resident Nepali (NRN) entrepreneurs — here today, Pun said that the country was holding three tier elections — local, provincial and parliamentary — before January 21, 2018, and after that the country’s sole agenda would

be to achieve better economic growth and prosperity.

“Things are already getting better. The country is going to witness seven per cent economic growth this year after over two decades,” he said, adding that the ME Group was established based on the positive business environment created in the country.

The vice president also appealed to the non-resident Nepalis to invest their skills, knowledge, resources and money earned abroad for betterment of the country.

“Nepal is in desperate need of the skills, knowledge, experiences and money that you have acquired in foreign lands,” he said, further opining that their investment in the country could propel Nepal to higher growth trajectory.

ME Group Chairman Kamal Adhikari informed about the company’s multiple business interests with the aim of promoting exports of Nepali goods and contributing to the economy of the country.

The group has set up its headquarters in Lazimpat, Kathmandu and plans to open branches in all G-8 countries as well as China and India, where it would export Nepali goods and promote Nepali brands, he informed.

He also said that the venture has interests in various areas, including agriculture, tourism, hospitality, education and health and has aimed to create at least 5,000 jobs in Nepal.

Khil Raj Regmi, former chairman of Council of Ministers, and actor Rajesh Hamal lauded ME Group’s desire to contribute in the country through investment and job creation.