Rupandehi in southern Nepal is going to transform to a major industrial hub of the country with promise of huge investments, reports The Kathmandu Post.
The Details:
- Over 300 large firms have committed an investment of Rs. 1 billion each. Around 600 medium-sized firms are also going to invest a sizeable amount. The district also has over 10,000 small and cottage firms that will contribute as well.
- In recent years, the district has had investments from hospitality industry, food industry and pharmacy pouring in billions of rupees.
- Rupandehi’s district headquarter in Bhairahawa will open a Special Economic Zone (SEZ) in a month. SEZ will serve as a special zone to host export oriented industries.
- Similarly, Butwal will have an industrial area of 814 bighas where over 150 medium and large factories will be established.
- Moreover various cement industries are also springing up in Rupandehi. Currently, 12 cement factories produce over 100,000 tonnes of cement daily that is 40% of the total cement sold in Nepal.
Editors Recommendations
- Rupandehi Establishes Itself as Nepal’s Cement Manufacturing Hub
- Increased Power Supply in Hetauda Industrial Area Gives New Life to Factories
- Special Economic Zone Plans For Biratnagar in Limbo Due to Lack of Funds
The Latest
-
Honor X8c with 120Hz Display Launched in Nepal with an Early Bird OfferHIGHLIGHTS Honor X8c price in Nepal is Rs. 33,999 (8/512GB). It is powered by the…
-
HMD Crest Max 5G Launching Soon in Nepal – Now Even BetterHIGHLIGHTS HMD Crest Max 5G price in Nepal could be Rs. 21,999 (8/256GB). This phone…
-
Now You Can Buy a Xiaomi Phone on EMI in Nepal Too – Here’s How!HIGHLIGHTS Xiaomi launched its hassle-free EMI service dubbed the “Xiaomi Easy Finance”. The latest Redmi…