The country needs growth with employment, said Prime Minister Dr Baburam Bhattarai in an interaction with entrepreneurs at his official residence Baluwatar in Kathmandu today evening.
"My dream is to make Nepal a prosperous country," he said, asking the private sector to cooperate in making the country prosperous by achieving double digit growth, "which is not possible overnight."
This country has huge potential as it is rich in natural resources and we have no reason to remain poor, according to the premier, who promised to solve the problems faced by the private sector.
The representatives of Federation of Nepalese Chambers of Commerce and Industry (FNCCI) led by acting president Bhaskar Raj Rajkarnikar complained the Prime Minister of energy crisis, dual pricing in diesel, high interest rates and labour troubles that have pulled industrial growth down by discouraging the domestic investment.
"Until the domestic investors are encouraged, the foreign investors will not come to the country," the umbrella organisation of Nepali private sector said, urging Bhattarai to help create investment-friendly environment to make the Nepal Investment Year 2012-13 a success.
Energy is the engine of economic growth and the government is serious in solving its crisis, he informed. "In next two months, we will be able to import more power from India, that will help reduce the hours of load-shedding but the key problem in power import is cross border transmission line that the government is committed to construct with Indian help," the Maoist Prime Minister added.
He also promised to look after other issues the entrepreneurs raised. "The government has today finalised work plan for the Nepal Investment Year 2012-13," he said, adding that the cabinet meeting next week will approve the government plan to attract foreign investment that will help make the investment year a grand success.
The government has passed Investment Board Act and also appointed chief executive for the board through free competition, he listed his achievements.
He also showed his concern for the declining share market and requested the entrepreneurs to list their family business in the share market and help distribute wealth.