PM invites Chinese investors to Nepal for business

BEIJING: Prime Minister KP Sharma Oli on Tuesday urged Chinese investors to come to Nepal with investments as it could be a natural choice for them.

Addressing Nepali and Chinese business community in Beijing today, Oli said Nepal wanted to reap benefits by integrating its economy with China in the most beneficial way.

Though the competition for foreign direct attraction was fierce among the developing countries, the two countries – Nepal and China – are destined to be the natural partners in such venture being the immediate neighbours, he added.

He hailed that China was a source of over USD 114 billion foreign direct investment in Nepal in 2014.


The two countries became the part of process of the Silk Road Economic Belt and 21st Century Maritime Silk Road, a noble initiative taken by the Chinese leadership to revive the traditional silk route in the changed context, noted the Prime Minister.

Present-day China, the PM said, was a wonder of economic development popularly known as ‘China Miracle’. It has lifted the masses of humanity out of abject poverty within the short span of time, added the PM.

PM Oli further said the world was watching China, and watching with interest and curiosity, not because it was big in size, but because it was emerging at a pace not seen in history.

"The global economy itself was well integrated with Chinese economy. Then, how can we remain aloof or afford of being delinked from these opportunities," the PM said.

Nepal could also attract a lot of tourists from China, Oli added.