Now is not the right time to hold an investment conference !
Author
NEPSE trading
It is not the right time for the government to hold an investment conference. The private sector is not happy. Farmers are not happy. Microfinance, cooperatives, metered interest are said to be victims. Farmers are throwing milk on the road. Money is piled up in the bank. 6 trillion worth of liquidity. The interest rate of the bank came from 17 percent to 11 percent. It will come in single digits in the next two to three months. They are not going to take loans. When investors within the country do not have faith. There is no possibility of foreign investors coming and investing in Nepal. In that too, the government has changed. Nepal's good message has not gone out in the international arena. A few months ago, there was a power cut in industries.
The main task of the government is to take the private sector into confidence, sit down with experienced politicians, employees, teachers, artists, writers and discuss how the country will develop now. Farmers, workers, industrialists should also be asked. Since the multi-party democracy came, let's have the right to enjoy. We did not talk about the rights of producers. Now we have to talk about farmers, industrialists. The state should protect.
The preparations for the investment conference that the government is supposed to hold have not been completed. There are 100 projects with DPR to be discussed at the investment conference. It should be shown that their return is so much, cost, staff, can be done in such a period of time by preparing regional projects. Hydropower, tourism, agriculture, IT, hotel, infrastructure projects should be demonstrated. Foreign investors cannot come and install engineers in Nepal's projects and do all the work. The state should invest and prepare the project. Nepal is not a politically stable country. The message has gone to international countries. It has been falsely propagated that the current balance of power was also caused by China. The government should be able to keep its statements clear. The government should take the private sector along. Now it is good in the fields of cement, medicine, shoes etc. We should suggest what we can do to attract foreign investors by keeping them as well.
Nepal is not a politically stable country. The message has gone to international countries. It has been falsely propagated that the current balance of power was also caused by China. The government should be able to keep its statements clear. The government should take the private sector along. Now it is good in the fields of cement, medicine, shoes etc. We should also keep them and suggest what we can do to attract foreign investors. An investment conference that can't be honest and shows a spectacle will only bring the country into disrepute.