Foreign direct investment in Nepal. Strategy and promotion
Foreign direct investment in Nepal. Strategy and promotion

Summary/Abstract: The structure of an effective industry promotion package is outlined. It is based on industrial estates (with a future possibility of zones) so as to provide a manageable basis for the application and administration of first-class tax and regulatory conditions. Nepal already has some industrial estates (apparently not functioning optimally). Important elements of the proposed new package are: (1) involvement of private industrial estate development so that estate developers have a natural incentive to promote their facilities and attract investors; and (2) enabling private developers of industrial estates to enhance their offers to manufacturing investors by: (a) permitting a partial private operation of telecommunications and other facilities so as to improve quality; and (b) offering an attractive package of incentives to manufacturing investors who find location in these industrial estates.

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