September 27 , 2006

The Nepal Government has opened the travel, trekking and rafting sectors to foreign investment. The government has introduced this provision by amending the Travel and Trekking Regulations and promulgating Rafting Regulations.
These sectors were limited only to domestic investors. But foreign investors were allowed to invest in hotels, lodges, casinos and restaurants.
More foreign companies are likely to make investments in these sectors in Nepal. This could help Nepal’s entire tourism industry, as the bigger foreign companies will market the country in an effective manner.