Attracting Investors

Despite having abundant natural resources, Nepal has been unable to tap them in the absence of capital, technology and competent human resources. Nepal began to interact with the outside world more than seven decades ago. Accordingly, it has received foreign aid, grants, loans and investment to fuel economic growth but the outcomes are not up to the mark. It is still in the dire need of foreign direct investment (FDI) as the world has increasingly become interdependent and connected digitally and economically. FDI and foreign trade are crucial to transfer technology, knowledge and managerial skills in the receiving countries. It boosts economic expansion and generates employment opportunities. It is generally individuals, companies and corporations that are striving to expand their business and enterprises to new or potential foreign markets for the growth of their assets.