Nepal promises priority treatment to Indian investors

"Let me stress here that general political and overall environment in Nepal is improving with concomitant progress in the peace process...

"I believe we can sustain peace and stability in the country only with rapid and inclusive development. We will do our best to ensure security and peaceful environment in the country...," Nepal said here at a luncheon meeting hosted by industry chambers Assocham, FICCI and CII.

Political events in Nepal since May this year had shaken the confidence of Indian entrepreneurs after attacks by militant trade unions on a few firms, including a well-known fast moving consumer goods firm.

"The Prime Minister's Office will make sure that you feel at home and obstacles are removed. You will get a high level of attention from the government. I will personally make sure that the foreign investment is given due priority," he said.

He cited investment opportunities in hydro power, roads, bridges, infrastructure, construction, tourism, agro- processing and financial services.

"My government will be responsive for all your suggestions," he added.