KATHMANDU, Dec 17: Foreign investors have repatriated approximately Rs 11 billion in dividends and royalties from Nepal in the first five months of the current fiscal year (mid-July to mid-December). According to data released by the Department of Industry (DoI) on Sunday, foreign investors withdrew Rs 10.91 billion in dividends and approximately Rs 1.5 billion in royalties from Nepal until mid-December.
Foreign investors engaged in various sectors in Nepal have retrieved profits from their investments, and several companies have disbursed substantial amounts in royalties to foreign entities.
Foreign investors repatriated cash dividends of Rs 13.77 billio...
Moreover, in this period, Nepal has attracted foreign investment commitments exceeding Rs 24 billion. The data indicates that investment commitments totaling more than Rs 24.35 billion have been made across 247 projects, encompassing both existing and new ventures.
Breaking down the investment commitments received during this timeframe, Rs 20.61 billion pertains to new investments through 199 projects, while Rs 3.74 billion is attributed to 21 Share Purchase Agreement (SPA) and Share Subscription Agreement (SSA) projects.
As per the DoI, 48 percent of the investment commitments received during this period were directed to the tourism sector. A total of 95 projects were registered in the tourism sector alone until mid-December. Additionally, during this period, 74 projects in the service sector, 19 in the manufacturing sector, 5 in the information and communication sector, and 4 in the infrastructure sector have secured investment commitments.
