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ECONOMY

Chief Minister Rai calls for opening export-oriented industries

MORANG, April 11: Chief Minister of Province 1 Rajendra Kumar Rai has urged industrialists to establish export-oriented industries to reduce the country's ballooning trade deficit.
By Republica

MORANG, April 11: Chief Minister of Province 1 Rajendra Kumar Rai has urged industrialists to establish export-oriented industries to reduce the country's ballooning trade deficit.


While concluding the Birat Trade Expo in Biratnagar on Sunday, the Chief Minister Rai also pledged to formulate policies to facilitate the establishment of industries. 


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The Chief Minister argued that the entrepreneurs should work to generate employment opportunities and ensure the country's prosperity. While adding that the expo played a crucial role in national capital formation, Chief Minister Rai shared that the federal government has initiated a process to release the budget for the construction of regional international airport in Biratnagar.


Former minister of Province 1 Hikmat Karki, Mayor of Biratnagar Metropolitan City Bhim Parajuli and other speakers said that the expo had contributed to make the economy vibrant in Biratnagar. Over 300 stalls from Nepal, Bangladesh, India, Pakistan and other countries participated in the expo showcasing agricultural, cottage, garment and other goods.


(RSS)

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