लगानीमैत्री वातावरण अझै कमजोर : नियमन घटाउन र नीति स्थायित्व दिन ढकालको आग्रहInvestment climate still challenging; Dhakal calls for policy stability and reduced regulatory burden

Kathmandu — Federation of Nepalese Chambers of Commerce and Industry President Chandra Prasad Dhakal has said that Nepal’s investment environment remains challenging, urging the government to ease regulatory pressures and ensure policy stability to boost private sector confidence.

Speaking at the inaugural session of the federation’s 60th Annual General Meeting, he stressed that stronger collaboration between the government and the private sector is essential for accelerating economic transformation. He emphasized that without clear, consistent policies and practical reforms, investment promotion efforts will remain limited.

Dhakal noted that long-term economic growth cannot be achieved in the absence of stable policies, simplified regulations, and a secure investment climate. While welcoming the recent approval of strategies aimed at promoting and protecting the private sector, he underlined that effective implementation would be key to delivering results.

According to him, Nepal possesses significant opportunities, including a young workforce, favorable geography, and access to large neighboring markets. However, these advantages have not been fully utilized due to policy inconsistencies and an uncertain business environment. “With the right policies and investment climate, rapid economic transformation is achievable,” he said.

Highlighting the role of the private sector in job creation, Dhakal stated that it currently contributes around 86 percent of total employment. Still, he pointed out that more investment is needed to absorb the large number of youths entering the labor market each year.

He also observed that past policy decisions and instability have slowed economic activity, calling for the next phase of reforms to focus on legal clarity, good governance, and greater use of technology. “We must create an environment where doing business becomes easier and more efficient,” he said.

Dhakal emphasized that good governance remains a prerequisite for attracting both domestic and foreign investment. Referring to business summits held in various countries, he noted growing international interest in Nepal, but said stronger government commitment is required to convert that interest into actual investment.

Calling for a shift in approach, he said the private sector should take a leading role in driving economic reforms and reduce reliance on government resources. He also suggested greater collaboration with provincial and local governments to expand investment and production.

Reflecting on FNCCI’s 60-year journey, Dhakal described it as a significant chapter in Nepal’s economic history, highlighting the private sector’s resilience in turning challenges into opportunities. He expressed confidence that with continued reforms, cooperation, and a positive outlook, Nepal’s economy can achieve stronger and more sustainable growth in the years ahead.