Nepal’s private sector is positioning itself to directly finance domestic enterprise, with the Federation of Nepalese Chambers of Commerce and Industry announcing the operational launch of a Rs 10 billion public company aimed at nationwide investment.
Speaking at a program in the capital, FNCCI President Chandra Prasad Dhakal said Nepal Development Public Limited (NDP) was established during his tenure with the participation of industrialists, business leaders and members of the Non-Resident Nepali community. He stated that the company has been structured to provide capital access to entrepreneurs and innovators from all 77 districts.
According to Dhakal, the initiative is designed to promote innovation and expand industrial and business activity across the country. He explained that NDP will adopt a shareholding ownership model spanning all districts and invest in entrepreneurs seeking financial backing for new ventures.
Dhakal added that if the Rs 10 billion paid-up capital is treated as equity, the structure enables the company to mobilize investment for large-scale projects worth approximately Rs 40 to 50 billion. He said the necessary institutional framework for such expansion has already been prepared.
Reflecting on broader policy challenges, the FNCCI chief also referred to long-standing disputes over dedicated power line payments, describing them as a severe issue during his tenure. He noted that the federation had pushed for the formation of a quasi-judicial commission to seek a long-term resolution and urged the implementation of the Lal Commission’s report.
With NDP now operational, the federation is framing the move as a structural shift toward domestically driven capital formation, with its long-term impact likely to depend on how effectively funds are deployed across districts.