Tuesday, October 14, 2008

License to invest in just 10 days in Nepal

The Nepali Finance Minister Baburam Bhattarai says:

Dr. Bhattarai also promised to facilitate the entry of new investment into Nepal by immediately activating the Investment Board, which has the prime minister as chairman and the finance minister as vice chairman.

“We will endorse large-scale projects and issue licenses within 10 days through the board,” he said, adding that the government was very keen on welcoming large-scale infrastructure projects in Nepal.

What a good news! But, the Maoists have a big mouth-- they hardly implement what they say!!