Government of Nepal

Ministry of Industry

Special Economic Zone Authority, Nepal

विशेष आर्थिक क्षेत्र प्राधिकरण, नेपाल

Vision and Mission

Vision

Promoting special Economic Zone (SEZ) in Nepal as a totally commercial area specially established for the promotion of foreign trade that has economic laws more liberal than a country’s typical economic laws attracting both: foreign and domestic investment. Also develop SEZ as a delineated enclave treated as foreign territory for the purpose of industrial, service and trade operations, with relaxation in customs duties and a more liberal regime in respect of other levies, taxation, foreign investments and other transactions.

Mission

Establish and operationalize SEZ: Achieve steady improvements in the establishment by:

  • Proposing measures to create a steadily improving investment friendly environment
  • Removing and simplifying outdated unnecessary procedures, approvals and legislation
  • Facilitating greater private sector role in SEZ development for operation and development

Achieving mission and vision

  • Attracting FDI: as one stop agency which facilitates and support local and foreign investors in both manufacturing, and services sectors as they move up the value chain to achieve higher sustainable returns and seek out new opportunities.
  • Growing industry verticals: while Nepal may be a regional attraction in various areas, we have to focus on expanding and extending existing industry verticals. Exploring new growth areas will contribute towards creating good bond and sustaining our competitiveness.
  • Enhancing business environment: while interacting with investors and promoting investments, we have to provide feed back to other government agencies to ensure that infrastructure and public services remain efficient and cost competitive. Government as the facilitator and or regulator rather than developer and operator.