Those visitors are inspiring, Weimer said. A couple became engaged on the trail. A 90-year-old woman completed it. A man carried his dying dog on the trail for a last big outing. A transplant patient climbed the dunes. A young boy who was on the trail put the new T-shirt over the one he was already wearing and hopped around the visitor center in his glee.
FDI pledges from China in Nepal’s tourism sector amounts Rs 5.35 billion in the first two months of the current fiscal year
KATHMANDU, Sept. 24 — Foreign direct investments (FDI) worth around Rs 5.50 billion has been pledged in tourism businesses of Nepal in the first two months of the current fiscal year. This positive development comes even as this sector is hit hard by the ongoing COVID-19 pandemic effect.
According to the Department of Industry, the FDI commitment in the tourism sector that Nepal received during mid-July and mid-September is almost similar to that of the review period last year.
Of the total amount pledged in tourism, Chinese investors looked for pouring Rs 5.35 billion, largest of all. They have proposed to open 30 hotels and restaurants and to provide jobs to 618 people.
China has been topping in FDI pledges to Nepal, particularly in the tourism businesses, for the last few years. With an increasing number of Chinese tourists visiting Nepal in the recent year, the investors from northern neighbors