Nepali diaspora urged to spur investment in motherland

Washington DC: The Nepali Embassy in New York has urged the Nepali diaspora to invest in the areas of comparative benefit in the motherland, Nepal.

Nepal’s charge d’affaires to the US, Sharad Raj Aaran, requested the Nepali diaspora to mobilize capital for prosperity in Nepal. The discussion dwelt on Nepal’s prosperity, trade, investment and innovation by keeping in mind the associated opportunities and challenges.

The knowledge, skills and capital of the Nepalis living abroad could be utilized well for the development in the motherland, he said, adding that the Nepali government had created an investment-friendly atmosphere for non-resident Nepalis.

Consul General Laxman Khanal argued that technology, tourism and energy were such areas that could ensure high returns. So, Nepalis should not miss the investment opportunities, he added.

Industrialist Lok Tiwari viewed that the Nepalis living in the US, with their engagements in different professions, should be oriented to Nepal’s development. The remittance Nepal receives deserves investment in the productive sector, he added.