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KATHMANDU: Sudurpashchim Province government and the Federation of Nepalese Chamber of Commerce and Industry (FNCCI) have signed a memorandum of understanding (MoU) for collaboration in investment promotion and operation of development affairs, particularly in the province.
Province Chief Minister Kamal Bahadur Shah and FNCCI President Chandra Prasad Dhakal signed the MoU amid a function held at the FNCCI Secretariat on Saturday.
As per the agreement, both parties are expected to work together to promote investments and accelerate economic activities in the province. Likewise, the Sudurpashchim Investment and Development Summit will be jointly hosted from March 6 to 7.
On the occasion, the FNCCI President Dhakal pledged all sorts of possible support to make the event a success. He also reminded the decision of the meeting of the FNCCI third executive committee to hold an 'investment summit' in all provinces and this was the first understanding with the Sudurpashchim Province to implement the decision.
Likewise, Chief Minister Shah was hopeful that the event would be successful in attracting investments to the province.
