सिंहदरबार संवाददाता
Nepal’s largest paper industry, invested by Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry and Chairman of IME Group, has come into operation. Nepal’s largest paper industry in Mahottari, invested by Chairman Dhakal, is going to be fully operational from today (Thursday).
IME Group, which is especially involved in the financial, tourism, automobile, information technology and energy sectors, has started operating the paper factory from today. IME Group has invested more than 2 billion in the paper factory brought into operation by ‘Nepal Pulp and Paper Industries Pvt. Ltd.’. This industry, located in Ramnagar, Gaushala Municipality-1, Mahottari, has investments from all Nepali investors.
This industry, the foundation stone of which was laid in 2078, has started production since 2081 Puush after the construction process was completed. Chairman Dhakal said that the paper factory was opened with the aim of replacing imports and creating large employment opportunities in the country. Nepal consumes about 150,000 metric tons of paper annually. He said that since there is no paper industry in Nepal, the paper required for all work has to be imported, so the private sector is going to invest and move forward. He said that the government has reformed the law to promote private sector investment through an ordinance, so an investment environment has now been created.
He also said that the paper industry would be important to dispel the myth that there is no investment environment in Nepal. He said, “Especially after the situation in Covid, Russia, Ukraine and Sri Lanka, there was a slowdown in the economic sector. Along with that, after taking the responsibility of the chairman of the Federation of Nepalese Chambers of Commerce and Industry, we have been advocating in many countries to call for an investment environment in Nepal. While the federation is making many efforts, the government has also taken the initiative to change traditional laws through an ordinance. That in itself is a positive step and the private sector has also welcomed it. We have opened a paper factory in Nepal from waste paper to break the myth that there is no environment, no opportunity, and that there is a lot of potential in Nepal, which can be used in productive sectors. We are starting the paper factory from today with the aim of producing in Nepal using local materials. It is made from waste materials that pollute the environment. We are between neighboring countries including China and India. We have hill stations that can be promoted in terms of tourism. They will provide employment to more and more people. The private sector is trying to invest and move forward according to the plan so that more and more agricultural produce can be used by tourists and infrastructure can be built accordingly. All political parties, all the people and the general public should support this. In the coming days, all the common people will understand this.’
Nepal is dependent on paper for everything from writing and reading paper in schools and campuses to photocopies, toilet paper and tissue paper. But now, with the industry coming into operation, about 40 percent of the paper required for Nepal will be produced in Nepal in the first year. The industry has claimed to produce high-quality paper domestically by mobilizing domestic raw materials and manpower.
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