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Indian investment falls, Chinese investment rises, in Nepal

Indian investment falls, Chinese investment rises, in Nepal

Apr 13, 2021, at 01:28 am

Foreign direct investment (FDI) from India in Nepal declined by around 81 percent in the first nine months of the current fiscal year in comparison to the same period in the last fiscal, reported the Kathmandu Post. Overall FDI in the Himalayan nation has also slumped by 12.68 percent.

AIIB approves first investment in Nepal

AIIB approves first investment in Nepal

Jun 10, 2019, at 05:42 pm

Beijing, June 10 (Xinhua/UNI) The Asian Infrastructure Investment Bank (AIIB)'s Board of Directors has approved a loan of up to 90 million US dollars for a hydropower project in Nepal, its first project in the country.