Date of Authentication

2075/12/13

Act No. 34 of the year 2075

An Act Made to Amend and Consolidate Laws Relating to Foreign Investment and Technology Transfer

Preamble: Whereas it is expedient to amend and consolidate the prevailing Nepal laws relating to foreign investment and technology transfer in order to make the national economy competitive, strong and employment-oriented through mobilisation to the maximum extent of the available means and resources for economic prosperity of the country, and to achieve sustainable economic growth through industrialization while creating investment-friendly environment to attract foreign capital, technology and investment in the sectors of import substitution, export promotion, through increase in productivity, and of infrastructure development and production of goods or services,

Now, therefore, it should be enacted by the Federal Parliament.