July 21: Foreign investors pledged investment of around Rs 39 billion to as many as 226 industries in Nepal in the last fiscal year, according to the Department of Industries.

Majority of the Foreign Direct Investment (FDI) was committed by Chinese firms. Firms from China pledged to invest Rs 25.57 billion for 174 industries followed by India standing at Rs 3.57 billion for 16 industries, informed Spokesperson Binod Kumar Khadka.

Khadka further shared that more than 17 countries abroad had pledged to invest in 226 industries. Among the commitments received for investment, service sector has received the highest investment, informed Khadka.  More than Rs 11 billion has been pledged for 73 industries in service sector.

Similarly, 81 industries in the tourism sector have received commitment of over Rs 10 billion. Likewise, over Rs 70 billion was pledged for information and technology sector involving 37 industries.

A total of 277 new enterprises were registered in the last fiscal year. The total capital of those newly registered enterprises was over Rs 152 billion. (RSS)