PM Oli opens paper mill in Ramnagar of Mahottari

Prime Minister KP Sharma Oli inaugurated Nepal Pulp and Paper Industries Pvt. Ltd. in Mahottari district, a Rs. 2 billion project by the IME Group. The industry, which started commercial production of high-quality writing and printing paper, aims to reduce Nepal's reliance on imported paper and support local educational institutions. The factory uses waste paper and produces calcium carbonate, contributing to sustainability. PM Oli emphasized the importance of industrial development for economic growth and job creation, while highlighting the project’s potential to save Rs. 7 billion annually by reducing imports. The initiative has already created over 300 jobs and aims to empower local youth and women. Industry leaders called for further policy reforms to foster a more investment-friendly environment in Nepal.


Source Link:- https://risingnepaldaily.com/news/58231