Establishment of 'Investor's Lounge' at OIBN

Published on: 2022-01-02

KATHMANDU: Honorable Finance Minister and Vice-Chair of Investment Board Nepal, Mr. Janardan Sharma ‘Prabhakar’ inaugurated the Investor’s Lounge at the office of the Investment Board Nepal (OIBN) on January 3, 2022. The Investor’s Lounge aimed to improve services of OIBN and inform the investors about the investment opportunities in Nepal. Reiterating the government’s commitment to further improve the investment climate in the country, Finance Minister and Vice-Chair of IBN Mr. Sharma stated that the newly opened Investor’s Lounge would be instrumental in improving services provided by OIBN to investors. He further said, “The government is committed to creating an investment climate in Nepal. The Government has made a confident call for investment in Nepal and is ready to provide facilities as per the law.” Addressing the program, IBN CEO Mr. Sushil Bhatta stressed that the establishment of Investor’s Lounge is to provide information regarding investment opportunities in Nepal to investors. Mr. Bhatta also informed that the Investor’s Lounge will be integrated into a web-based OneStop Service (OSS) to further improve the effectiveness of OIBN’s facilitation services offered to investors. “The establishment of the Investor’s Lounge was one of the measures undertaken by the IBN to improve services provided to investors, and its inauguration was also a part of the 10th anniversary program,” he said. During the program, the representatives of the project developers facilitated by the IBN reported on the implementation status of their respective projects.