Kathmandu: President Bidya Devi Bhandari Saturday said that Nepal is a fertile and potential hub for foreign investment.
“I would like to appeal the Non-resident Nepalis Association (NRNA) members to invest in their desired sectors for the prosperity of Nepal and security their investment in the long run,” President Bhandari said while inaugurating 8th NRN Global Conference and NRNA International General Assembly at Hotel Haayat today.
“Nepal is gradually moving towards the path of economic prosperity following the promulgation of new constitution and its implementation from the recent time and the NRN should become the partnership of this development,” President Bhandari said.
There are many prospects of investment in energy, infrastructure, education, health and tourism and the NRN should have their attention to this sector, the President said.
Speaking at the special function, Deputy Prime Minister and Minister for Foreign Affairs Krishna Bahadur Mahara said the contribution of NRNA in Nepal’s development would deserve important value.
“The skills, capital and experience gained abroad should be capitalized here in Nepal’s development,” Mahara said.
Outgoing president Shesh Ghale said that there have been over 70,000 registered NRNA in 77 countries.
The conference will elect next president for next two years. Bhawan Bhatta, NRN Japan, T.B Karki, NRN Qatar and Jamuna Gurung Ghale, NRN Australia are vying for taking new leadership in the Association.
Founding president of NRNA Upendra Mahato said individual progress, achievement and being a rich person don’t matter unless the country becomes rich and powerful.