KATHMANDU: The Office of the Investment Board, Nepal has briefed the progress of Public Private Partnership and Private investment projects facilitated by the Investment Board Nepal (IBN) to Prime Minister and IBN Chairperson Pushpa Kamal Dahal.
Subsequently, Prime Minister Dahal held an interaction with the developers of those projects on Friday.
Welcoming Prime Minister Dahal, Chief Secretary and dignitaries at the premises of Office of the Investment Board, Nepal, IBN CEO Sushil Bhatta briefed the Prime Minister on project development and management, investment promotion, institutional development, and coordination collaboration and partnerships in line with the Public Private Partnership and Investment Act, 2019 and Strategic Plan of IBN.
During the interaction, developers of Arun-III and Lower Arun Hydroelectric Projects; Hongshi Shivam Cement Project, Huaxin Narayani Cement Project, Upper Karnali Hydroelectric Project, Upper Trishuli-1 Project, Upper Marsyangdi-2 Peaking Run of the River (PRoR) Hydroelectric Project, West Seti Storage and Seti River-6 PRoR Hydroelectric Project, Dabur Nepal, China-Nepal Friendship Industrial Park Project, Risen Nepal Solar Energy Project and Muktinath Cable Car briefed on the progress implementation status and key challenges.
At the end of the programme, PM Dahal assured the developer that IBN and the Government of Nepal will extend all necessary support and coordination for progressing project implementation and completing the project within the stipulated timeframe, and gave special instructions to the Office of the Investment Board Nepal for future performance of the IBN.