South Asian News Network

Foreign investment in the information technology industry is a top priority for the Nepali government, according to Industry, Commerce, and Supply Minister Damodar Bhandari. He said that IGC Business Holding Nepal and Keirincon Company Limited Japan will be collaborating on joint IT investment. Foreign direct investment is crucial for promoting economic expansion, job creation, and technology transfer, according to Bhandari. The collaboration reflects Nepal’s dedication to fostering an atmosphere that welcomes foreign investment and innovation.

In signing the agreement, Ganeshman Lama, Chairman of IGC Business Holding, and Satoshi Sato, Chairman and CEO of Keirincon Company Limited, pledged to collaborate in advancing Nepal’s digital transformation. With Satoshi Sato stating his ambition to grow his business in Nepal through this agreement, the partnership will deepen the bilateral relationship and boost the business relationship between Nepal and Japan.