सिंहदरबार संवाददाता
Myagdi. President of the Federation of Nepalese Chambers of Commerce and Industry Chandra Prasad Dhakal has said that the ordinance recently issued by the government has encouraged the private sector to invest.
Addressing the closing ceremony of the 8th Myagdi Festival, Maghe Sankranti, and provincial-level agriculture, tourism, industrial, and trade fair in Beni on Tuesday, President Dhakal said that the changes in the law made by the ordinance have made the private sector enthusiastic.
President Dhakal mentioned that the ordinance, which was made to amend some Nepal acts related to promoting good governance and public service delivery, economic procedures and fiscal responsibility, privatization and economic and business environment improvement, investment promotion, and land, will help in investment promotion. .
‘The changes in the law made by the government have encouraged the private sector to invest,’ he said. ‘The government has accepted the positive suggestions of the private sector and changed the law in a short time, sending a message that there is an environment for investment and security.’
Chairman Dhakal stated that the government issued the ordinance as per the suggestions of the private sector to revive the economic sector, which has been in contraction due to the Corona pandemic, the war between Russia and Ukraine, and Nepal’s existing laws and regulations. He pledged to facilitate investment in the agriculture, tourism and water resources related plans prepared by Myagdi industrialists and businessmen through the Federation of Nepalese Chambers of Commerce and Industry.
Myagdi Chamber of Commerce and Industry President Subin Shrestha said that the festival was successful in stimulating economic activities, identifying potential, marketing local products, promoting tourism, identifying sports talents, and preserving art and culture.
The festival, which began on February 28, had 230 commercial stalls of local and industrial products. Chairman Shrestha informed that a turnover of Rs 100 million was recorded at the festival and one lakh visitors visited it.
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