Weather FDI highs
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ISSUE #282 (20 JAN 2006 - 26 JAN 2006)
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Despite the widening political rift and business instability, a latest government report says that Foreign Direct Investment (FDI) commitment to Nepal recorded a robust 250 percent growth during the first six months of the current year. "The amount soared because the number of FDI projects registered with the Department of Industry itself doubled during the period," said a senior government official. According to statistics, 67 projects were approved compared to only 31 at the same time last year. India and the US were Nepal's most important FDI partners.
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