British Virgin Islands industries to invest Rs 8 bln in Nepal

KATHMANDU: As many as 14 industries from the British Virgin Islands have received approval from the Nepal government to invest in various sectors in Nepal.

As per the approval, the industries will invest the total of around Rs 8 billion in different areas in the country with about Rs 4 billion in the service sector alone, said the Department of Industry.

With the investment, as many as 2,054 Nepalis are expected to get employment opportunities.