AGP Executive Report
Last update: 9 hours agoTextile Industry Watch: CPN-UML’s Shankar Pokharel questioned the repeated “drama” of reopening Hetauda’s closed textile plant, urging a sustainable plan with modern technology, business capacity and skilled management instead of political stunts. Budget & Investment Dialogue: Finance Minister Dr. Swarnim Wagle is holding talks with 20 large multinational taxpayers on budget implementation, investment expansion, job creation and profit repatriation—following earlier meetings with 33 industrial houses and top bankers. Infrastructure Delays: A study warns Nepal’s “national pride” projects could take 10 more years if progress stays around 55% overall, citing issues like budget assurance, land acquisition, tree felling and limited working hours. Energy & Utilities: Guheshwori Wastewater Treatment Plant is processing 32.4 million litres daily, while Humla’s grid connection is delayed by a year to March 2027 due to slow contractor work and monsoon risks. LPG Market Pressure: LPG shortages are resurfacing despite steady imports; officials point to distribution and demand spikes, while Mahottari’s administration reports surprise checks found no hoarding or black marketing. Transport & Construction: Nepal’s first tied-arch motorable bridge is completed at Ramdi over the Kali Gandaki, and Jhapa blacktopped 51 km of roads in the last fiscal year. Bilateral Industry Links: India’s envoy Naveen Srivastava met PM Balendra Shah to push development cooperation across infrastructure, connectivity, energy, agriculture and healthcare. SME Insurance: A new insurance scheme for small businesses starts this fiscal year to cover income loss from disruptions like injury or hospitalisation. EV Market Friction: Traders warn EV growth is hit by policy uncertainty on taxes, weak infrastructure and a grey spare-parts market.
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