Analysis of Current Industrial Situation in Nepal

Nepal is a landlocked country in South Asia, located in the south foot of the Himalayas, adjacent to China in the north and India on the other three sides. In the industrial development system, light industry and semi-finished product processing are the primary industries. Also, Nepal is rich in tourism resources.


According to statistics released by the Central Bank of Nepal recently, the average utilization rate of national industrial production capacity in 2019 reached 60%, gradually increasing compared with the past 3-4 years.
 
Central bank officials said this reflected the improvement of the overall industrial production environment and the competitiveness of industrial enterprises after the introduction of various incentives and subsidies.
 
The above data is the result of the central bank's survey of the production of 23 major enterprises in 57 regions and comprehensive statistics.
 
According to industry insiders, the above data shows that 40% of industrial capacity is still idle. If enterprises borrow more efficiently and cost less, the utilization rate of production capacity will be further improved.
 
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