Government seeks more investment from Japan

Kathmandu, August 18

Energy Minister Mahendra Bahadur Shahi has proposed the government of Japan to increase investment to build model integrated projects related to agriculture, hydropower, irrigation and infrastructure for drinking water in Nepal.

In a meeting with Japanese Ambassador to Nepal Masashi Ogawa at the Ministry of Energy (MoE) in Singhadurbar today, Minister Shahi proposed investment in the integrated projects in the aforementioned sectors.

Minister Shahi also added that as a reliable development partner of Nepal, Japan should help build a model hydropower project.

“Japan has significantly contributed to the development process of Nepal, so, as a reliable development partner the Japanese government could help accelerate development in Nepal’s hydropower sector,” he added.

He also expressed his heartfelt gratitude to government of Japan for its contribution to the development of agriculture, floriculture, construction, communications and human resources of Nepal.

Meanwhile, Ambassador Ogawa informed that Japan is always positive to invest in Nepal. He also said that through Japan International Cooperation Agency (JICA), the Japanese government has prioritised investment for hydropower development in Nepal.

Ogawa also pledged that his government will help Nepal build model unified projects in different sectors in Nepal.