February 12: Chandra Prasad Dhakal, the chairman of the Employers’ Council of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has called on entrepreneurs and investors of the South Asian Association for Regional Cooperation (SAARC) countries to invest in Nepal.

He made such appeal during his address to the participants of the eighth meeting of the South Asian Forum of Employers, which kicked off in New Delhi on February 11.

Speaking on the occasion, Dhakal said Nepal has guaranteed appropriate laws related to labour and social security which have led to the establishment of cordial relation between employers and workers and the political atmosphere is also suitable for investment.

Dhakal who is also the vice president of FNCCI said the building of investment-friendly atmosphere was expected in Nepal with the establishment of a stable government in the aftermath of a long political transition, reported the state-run news agency – Rastriya Samachar Samiti (RSS).

According to RSS, he urged foreign investors to invest in Nepal’s agriculture, tourism, energy and service sectors for the attainment of bilateral and multilateral benefits.

On the occasion, he also invited the SAARC’s investors to the Investment Conference that Nepal is hosting next month and to identify better and probable areas for investment. He added that the Government of Nepal was committed to building an investment- friendly atmosphere for foreign investors, RSS reported.

He was of the view that South Asia’s investors and employers could reap benefits on large scale from such type of forum.

During the three-day event, the participants would try their best to determine their challenges and dig out their solutions, said Dhakal.