KATHMANDU, SEPTEMBER 14

In a bid to attract domestic and foreign investment, Investment Board Nepal (IBN) has introduced Project Bank Guidelines.

Prime Minister Sher Bahadur Deuba unveiled the guidelines during the inauguration of Sustainable Infrastructure Investment Forum 2022 (SIIF) organised by the IBN today.

Addressing the summit, PM Deuba said that the IBN has played a pivotal role in attracting and facilitating investment.

He further stated that Nepal should prepare to achieve the goal of zero carbon emissions by 2045 and called on the development partners to increase cooperation to achieve this goal.

Likewise, PM Deuba also launched the One Stop Service (OSS) Digital System prepared for investor facilitation.

According to IBN, investors can receive information and make inquiries about investment matters, and all agencies related to investment facilitation will be connected and provide prompt and effective services through the system.

Meanwhile, he released a study report titled 'Establishing a Fertiliser Plant in Nepal' prepared by IBN for the establishment of a chemical fertiliser factory in the country. A comparative study of operating a fertiliser plant with electrolysis and natural gas has been presented in the report.

The IBN, with an aim to promote investment, has been organising such promotional programmes, road shows, project showcasing, investment conferences at home and abroad.

A version of this article appears in the print on September 15, 2022 of The Himalayan Times.