Kathmandu: Prime Minister KP Sharma Oli has urged businesspersons to invest confidently, highlighting the political stability in Nepal as a catalyst for economic development. He emphasized that stable politics has created a conducive environment for economic growth.
According to National News Agency Nepal, while addressing the inaugural function of the 74th annual general assembly of the Nepal Chamber of Commerce, PM Oli encouraged industrialists to develop constructive and creative schemes using science and technology to boost investment. He underscored the potential of artificial intelligence (AI) in enhancing production and productivity, cautioning against its misuse for spreading misinformation or defaming individuals and institutions.
PM Oli emphasized the importance of attracting foreign investment and forming joint ventures, urging business leaders to persuade foreign investors to explore potential areas in Nepal. He stated that investment is crucial not only for businesspersons but also for the nation’s overall progress.
He noted that the Chamber had welcomed the government’s ordinance aimed at economic development, commending their support for positive initiatives. The Prime Minister also stressed the necessity of good governance and development, warning against the creeping issue of corruption and calling for collective cooperation to tackle it.
In a political context, PM Oli affirmed that the government formed by two major parties is committed to change and that their coalition will continue even after the next election. He expressed gratitude to the Chamber of Commerce for its support in policy formulation.
During the event, PM Oli presented awards to various industrialists and businesspersons and unveiled a book published by the Chamber of Commerce.