A general view shows the urban area of the Kathmandu Valley with Swayambhunath stupa from Ichangu Narayan village, on the outskirts of Kathmandu on November 9, 2020. AFP / Prakash Mathema
Kathmandu: Foreign direct investments pledged to Nepal had increased in the first eight months of the current 2024-25 fiscal year, the government announced on Friday.
The committed investments by Thursday stood at 321 million U.S. dollars, marking a 53-percent increase over the same period of 2023-24, the Department of Industry said in a report.
The pledged amounts went to 427 projects with a view to generating 11,475 jobs, noted the report.
The tourism sector attracted most of the amounts, followed by the sectors of information technology and service, the report said.
