Committed FDI into Nepal up sharply in beginning of new fiscal year-Xinhua

Committed FDI into Nepal up sharply in beginning of new fiscal year

Source: Xinhua

Editor: huaxia

2025-08-17 21:59:15

KATHMANDU, Aug. 17 (Xinhua) -- Nepal received pledged foreign direct investments (FDI) worth 24.1 billion Nepali rupees (172.32 million U.S. dollars) in the first month of the current 2025-26 fiscal year that started in mid-July, the Department of Industry said on Sunday.

The amount rose significantly from 597.56 million rupees during the first month of the previous fiscal year, the department noted.

The newly-committed investments were for 127 projects with a target of creating 8,268 jobs, the department said, adding the information and communication technology sector received the highest commitments regarding the number of projects, while the agriculture and forestry sector topped the list in terms of pledged amount.