The Non Resident Nepalis Association (NRNA) is planning to set up a fund of Rs. 10 billion to promote investments in Nepal.
- The news comes from NRNA president Bhawan Bhatta who announced this plan in a discussion programme between NRNA Nepal and the Society of Economic Journalists of Nepal (SEJON).
- According to Bhatta, the fund will be utilized for infrastructure development of investment promotion.
In other news:
- NRNA is also working to reconstruct 327 houses in Laprak of Gorkha which was destroyed by the devastating earthquake of 2015.
- It is also working to construct a 32 ropanis park on the bank of the Bagmati river at Shankhamul at an estimated cost of Rs 22.5 million.
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