July 21, 2017<\/strong><\/p>\n Nepal witnessed a Foreign Direct Investment of Rs 15.17 billion in the 2016-17 fiscal year, informed the Department of Industry (DoI).<\/p>\n Out of the total foreign investment made in country\u2019s 395 industries, big industries attracted a total foreign investment of Rs 6.22 billion share, followed by medium industries (Rs 1.17 billion) and small (Rs 7.61 billion).<\/p>\n According to the DoI Secretary Durga Prasad Bhusal, FDI into the country started increasing with the passage of country\u2019s new constitution on September 20, 2015.<\/p>\n Meanwhile, General Secretary of the Federation of Nepal Cottage and Small Industries Dambar Prasad Regmi\u00a0urged the government to formulate investor-friendly policies to attract more foreign investment.<\/p>\n China topped the list of investors with Rs 6.24 billion investment in total 183 industries of the country.<\/p>\n India stood second in the list with Rs 1.99 billion in 40 industries, followed by the United States (38 industries), South Korea (15), Japan (12), the United Kingdom & The Netherlands (9 each), France (8), Bangladesh & Switzerland (7 each), Germany (6), and Belgium & Canada (5 each).<\/p>\n","protected":false},"excerpt":{"rendered":" July 21, 2017 Nepal witnessed a Foreign Direct Investment of Rs 15.17 billion in the 2016-17…<\/span><\/p>\n