Explore the businesses in Nepal

Nepal is generally considered to be one of the poorest nations in the world. The majority of the population live in rural areas and make their income (if any) from working agricultural lands. The country is also landlocked which makes it difficult or expensive to transports goods to other countries. However, importations and exportation is encouraged by the government in order to promote good business and encourage growth which will hopefully result in a higher employment rate, higher salaries and a better standard of living for all in time.

Nepal's capital is Kathmandu – a city with over one million people. There are several other sizable cities, most of which are located in the southern Terai districts right next to India's border. Many of the people in the country have a poor level of education, suffer from bad health and earn very little money. The potential for economical growth in the country is seen as being in agriculture, export-orientated manufacturing, hydropower generation and tourism. Unfortunately it is unlikely that this potential will ever be realized locally due to lack of funding. Major investments by the public and private sectors are needed.

While government has taken many positive steps such as creating policies that free up trade and establishing a convertible currency, the country still remains heavily reliant on agriculture which means that bad weather can result in a bad gross national product. Noting this trend, the government has taken steps towards more sustainable growth by focusing on encouraging other countries and firms to invest in hydropower development and exports. They have developed a well-thought-out program which should, in time, see the economy go from strength to strength. The principle growth sectors are in tourism, transport, telecommunications and hydropower generation. If you want to invest in Nepal, now is the time to do it.

User Comments & Reviews

Birendra Bajracharya
2010-08-27 12:47:47

We are a mediam scale business dealers in nepal,, what are ur speciality please wite,, We are interested

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suniel lahori
2010-06-10 17:39:35

we are interested in doing bilateral trade with nepal ,any one interested in supplying goods to india and interested in buying goods from india kindly let us know regds suniel

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Tahmid Ahmed
2010-06-09 05:31:43

We are interested to export to Nepal from Bangladesh amber glass bottles, clear (flint) glass bottles & jars, glass lamp shells including electric lamps / bulbs. Looking forward to responses from users / importers. Best regards, Tahmid Ahmed

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gobinda bahadur khattri
2010-03-03 08:16:48

certainly, nepal is one of the poorest nation in the world but there are lots of potentials to develop it.Government is more responsible for creating such critical situation. government is unstable, lots of striks and other unsecurity are the most responsible causes to stop to do businesses here in nepal,in some extent landlock is also teh cause but it can't do any bad things

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