Finance minister Shankar
Koirala has asked the European Union (EU) to invest in infrastructure in Nepal.
Addressing a trade expo
organised by the European Economic Chamber (EEC) - Nepal, here, he said that
prominent European banks are interested in investing in hydropower in Nepal.
"European countries should invest in tourism, agriculture and
infrastructure," he said, adding that the budget for the next fiscal year
will help create an investment climate by creating a business friendly
environment.
"The government
will bring the Foreign Investment and Technology Transfer Policy and Foreign
Investment and Technology Transfer Act to encourage foreign investors,"
the minister added.
Representatives of the
chamber, on the occasion, asked the government to bring a private sector
friendly budget.
Meanwhile, four
European banks have shown interest in investing in hydropower in Nepal.
Complaining on the delay of the Lower Solu Hydropower, they also asked the
government to expedite the construction of transmission lines. 
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