Kathmandu, April 29: There have been two agreements regarding facilitating the private sector of Nepal to bring in investments from Chinese companies.
On the second day of the third investment conference, a separate agreement was reached between Nepal’s “Nexgen Management Solutions Private Limited” and China’s “MABC Investment Private Limited” and between the Confederation of Nepal Industry and Trade FNIC and China Dongan Jing Long Lighting Product Company Limited.
Nexgen will facilitate MABC’s mother company to make foreign investments in Nepal, while FNIC will facilitate China Dongnan Jing Long. The Ambassador of Nepal to China Bishnupukar Shrestha also participated in the signing ceremony of these two MoUs.
People’s News Monitoring Service.
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