Kathmandu : Prime Minister Pushpakamal Dahal ‘Prachanda’ has expressed his commitment to transform the Investment Board into a capable institution for development. He received the annual report of the Investment Board this morning and mentioned that he will lead the Board towards being robust, effective, and implementing knowledge and experience of experts in its operations.
Prime Minister Dahal directed the chief executive officer of the Board to present the necessary policy, legal, and institutional reforms to make the Board capable. He stated that the government envisions the Board playing a major role in the strategic infrastructure development projects.
Acknowledging the progress achieved by the Board in the areas of coordination, cooperation, and partnership, Prime Minister Dahal urged them to aim higher and contribute to the nation’s prosperity and development.
In the coming year as well, he assured his commitment to providing necessary support from his side to ensure effective implementation of projects.
During the report presentation, the CEO of the Board, Sushil Bhatta, extensively discussed the mandate of the Board, strategic plans, institutional development, and coordination, cooperation, and partnership with international institutions, including Foreign Direct Investment (FDI) from the private sector, achieved during the previous fiscal year.
He also presented the detailed progress report on each project based on outcome indicators and brief explanations.
The Prime Minister expressed satisfaction with the achievements made during the previous year and asked the CEO to present a brief on the key tasks that he will accomplish in the upcoming fiscal year.
The arrangement has been made for the CEO to present the report in front of the Prime Minister and the Board Chairman, and for discussions on the implementation of the programs between the Chairman and the CEO.