Rs. 10 Billion Investment Fund Plan by the NRNA

The Non Resident Nepalis Association (NRNA) is planning to set up a fund of Rs. 10 billion to promote investments in Nepal.

Details:

• The news comes from NRNA president Bhawan Bhatta who announced this plan in a discussion programme between NRNA Nepal and the Society of Economic Journalists of Nepal (SEJON).
• According to Bhatta, the fund will be utilized for infrastructure development of investment promotion.

In other news:

• NRNA is also working to reconstruct 327 houses in Laprak of Gorkha which was destroyed by the devastating earthquake of 2015.
• It is also working to construct a 32 ropanis park on the bank of the Bagmati river at Shankhamul at an estimated cost of Rs 22.5 million.