Preparations on to set up Rs 10 billion fund for investment on infrastructures

Preparations have been forwarded with the initiative of the Non-Resident Nepalis' Association (NRNA) to establish a fund of Rs 10 billion in a bid to invest in infrastructures sector. For this, it is registering a separate company in Nepal.

Decision to this was made at a meeting held in the Finance Ministry on Thursday. As per the agreement made earlier, Nepal government would have five percent contribution in the fund.