Nepal Urges Japan for Investment in Hydropower

The delegation expressed Japanese Government’s readiness to support Nepal in the near future
Business

Government

News

 
Nepal Urges Japan for Investment in Hydropower

The Nepali Minister for Energy, Water Resources and Irrigation Barshaman Pun called on Japanese Government in Singha Durbar on January 24, 2019 for a new collaboration.

In a delegation-level meeting with the Deputy Director of the International Affairs of Agriculture and Forests Ministry of Japan Takami Nakada, Pun urged Japanese Government to increase its investment in Nepali energy and hydropower sector.

Highlighting Japan-Nepal ties, Pun thanked Japan for its technical and financial support to various Nepali projects and overall contribution to Nepal development.

Minister Pun informed the Japanese delegation about the ongoing irrigation-related developments in Nepali agriculture sector such as Bheri Babai and Rani Jamara.

Nepal Minister Pun discussion with Japan Minister Takami Nakada

Nepal Minister Pun discussion with Japan Minister Takami Nakada

In response, Takami expressed Japanese Government’s readiness to support Nepal in the near future.

“We have come here to carry out study and research about possibilities in Nepal. Japan’s private sector is willing to invest in Nepal,” reads a statement by the Deputy Directo.

Japanese Ambassador to Nepal Masamichi Saigo was among the key officials present at the meeting.

Earlier in this month, Japan and Nepal had discussed on enhancement of labor cooperation.

“I believe that the authorities of both the nations will finalize the modality of supplying workers and other legal issues, and also hold discussions on the sectors that Nepali workers will be employed in,”  said one of the sources associated with the process.

The latest developments indicate a notable growth in Japan-Nepal ties. What more to come?

Also Read:

January 25, 2019 |

Share this post

 
Paras Khadka’s Journey From Kathmandu to World Cricket
 
 

 

Subscribe to our Newsletter

Sign up for more inspiring latest news, events, tourism, and more from Nepalisansar.