Government promotes natural resource-based industries: Minister Bhandari

KATHMANDU: Minister for Industry, Commerce, and Supplies, Damodar Bhandari, has emphasised the need to intensify the exploration of mines.

In his address at the inauguration of well drilling, a joint venture of the Department of Mines and Geology, and China Geological Xibu Drilling Engineering Company today,

Minister Bhandari expressed hope that the exploration and export of oil and gas would help transform Nepal's socio-economic landscape, empowering future generations.

According to the Minister's Secretariat, successful exploration of underground natural resources will help lay the foundation for the nation's prosperity, ensuring our security in terms of energy access.

The Industry Minister also expressed his wish that the launch of the well drilling might uncover a significant reserve of petroleum products.

He stated that the government is committed to promoting industries based on natural resources, adding that the government is focused on creating an investment-friendly environment with priorities for the industrial, agricultural, tourism, and energy sectors.

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