Prime Minister Deuba assures to upgrade Nepal from under developed nation by 2026
Kathmandu: Prime Minister Sher Bahadur Deuba has said that Nepal will be upgraded from under developed country by 2026.
Addressing the Investment Board Nepal’s Sustainable Infrastructure Investment Forum on Wednesday, Prime Minister Deuba said that by 2026, the country will be upgraded to a developing nation by infrastructure development and economic upgrading.
He said that the current government is working according to the 15th five-year plan by giving priority to infrastructure development. Prime Minister Deuba said that there is a national policy and plan to reduce carbon emissions to zero by 2045.
He said that 19 billion dollars will be needed to fulfill the goal of sustainable development. Prime Minister Deuba pointed out that there is a need for the support of the private sector and foreign investors.
He said that the private sector has an important role in infrastructure development in the country and urged to increase investment.
He said that there is a situation where large investments can be made in the public private partnership model in Nepal.