Japan urged to invest in Nepal’s hydel sector

Kathmandu, January 24

Minister for Energy, Water Resources and Irrigation Barsha Man Pun, has urged the Japanese government to increase investment in the energy and hydropower sector.

During a meeting with a delegation led by the deputy director looking after international affairs of the Agriculture and Forests Ministry of Japan, Takami Nakada, today, Minister Pun thanked the Japanese government for its technical and financial support to different projects.

He also expressed the belief that Nepal would get additional support in the days ahead. Citing that Japan is an old development partner country of Nepal, Minister Pun thanked the Japanese government for its support in Nepal’s development, as per Minister Pun’s secretariat.

Minister Pun further said that the role of irrigation was important in the development of the agriculture sector of Nepal, adding that the government has been moving ahead with some big projects including Bheri Babai and Rani Jamara Kulariya for the same.

Similarly, Deputy Director Nakada said that the Japanese government was ready to provide further support in the days ahead, mentioning that Japan has been providing economic and technical support to Nepal.

“We have come here to carry out a study and research about possibilities in Nepal. Japan’s private sector is willing to invest in Nepal.”

Japanese Ambassador to Nepal Masamichi Saigo was also present on the occasion.