NAIMA chair Ritu Singh Baidya has said Nepal’s biggest business problem is the lack of trust between the state and the private sector.
Speaking at a NAIMA Mobility Dialogue in Kathmandu, she said financial crimes and criminal offences must be treated separately, and argued that unclear laws and weak legal protection are making investors cautious.
Baidya said Nepal should not try to do everything at once. Instead, she called for focus on areas where the country has a comparative advantage, such as IT, tourism, high-value crops, and new industries linked to hydropower.
She also said Nepal should attract foreign investment not only for capital, but for knowledge, technology and new management practices. According to her, faster policy reform is needed to improve confidence among domestic investors first, because weak local confidence makes external investment harder to bring in.
Writes on vehicle pricing, taxation and the Nepali auto market from ongoing tracking of distributor price lists. Editorial policy.
