What do you mean by term foreign investment? What facilities are provided to the foreign investors under the foreign investment and technology transfer act of Nepal?

Foreign Investment and Investor Facilities in Nepal

Foreign investment denotes the influx of capital, resources, and expertise from external individuals, corporations, or governments into a nation. It is essential for enhancing a country’s economic development, industrialization, and infrastructure advancement. In Nepal, foreign investment manifests through various means, including equity investments, reinvestment of profits, loans, or the transfer of technology aimed at bolstering … Read more

Mention the basic features of Industrial Enterprises Act and its contributions in Nepalese industrial development.

Mention the basic features of Industrial Enterprises Act and its contributions in Nepalese industrial development.

The Industrial Enterprises Act serves as a fundamental piece of legislation governing industrial operations in Nepal. It establishes the legal framework necessary for the formation, functioning, and administration of industrial enterprises within the nation. The following outlines the principal features of the Act: Industrial Registration and Licensing The Act mandates that all industrial enterprises must … Read more