Wednesday May 25, 2022
Wednesday May 25, 2022

Nepalis in Africa launch joint ventures to invest in Nepal


Nepalnews
2021 Jun 14, 18:10, Kathmandu
Image Google Maps

Non-Resident Nepalis (NRN) living in various countries of Africa have formed the NRN Africa Ventures Ltd for investing in different sectors in Nepal.

The company established with a capital of around $8.55 million has planned to invest in energy, agriculture, infrastructure, and other sectors, South Asia Monitor reported. Other NRNs who have already returned to Nepal are also expected to join the companies soon.

This is the initiative taken by the NRNs to further contribute to the continuous effort to make Nepal prosperous, according to Hikmat Thapa, chairperson of the association.

Many Nepalis living abroad have already invested in infrastructure, energy health production, and other various sectors in Nepal.

The company has issued a statement, saying it has already started preliminary works for conducting investment. The company will not only invest in Nepal but also bring back the experiences and technical knowledge earned by the NRNs, the statement read.

READ ALSO:

Non-Resident Nepalis NRN NRN Africa Ventures Limited Nepalis in Africa
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77

Contact

KMC-02, UttarDhoka,
Lazimpat, Nepal

Newsroom
+977–01–4445751 / 4445754

E-mail
[email protected] [email protected]

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal