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KATHMANDU hydro flask coffee for sale , June 13 (Xinhua) -- The Nepali government is considering allowing foreign investors to establish Special Economic Zones (SEZs) in the country under joint venture arrangement, a senior official of the Industry Ministry said.
Nepal's SEZ Act introduced in August 2016 has opened the door for foreign direct investment for the development of SEZ in the country with the provision that such zone could be established under public-private partnership as well as sole investment of private sector only.
"We have made provision in the draft of the regulation under SEZ Act that foreign investors could join hands with Nepali investors to establish SEZ in the country under joint venture arrangement," Purusottam Nepal, spokesperson of the Ministry of Industry told Xinhua on Monday.
The draft regulation has been sent to the Law Ministry for its inputs. Once the regulation comes into effect, it clears any ambiguity in the act and helps the implementation of it.
A month after SEZ Act was introduced hydro flask coffee mug for sale , Ping An Insurance (Group) of China in partnership with Lhasa SEZ had sought permission to conduct feasibility study of potential areas where a SEZ could be established and run, according to SEZ Development Committee, a government office overseeing the SEZ affairs.
Chinese firms had proposed to explore the areas in Nuwakot and Kavrepalanchowk districts in central Nepal as well as other potential areas.
It was the first time that any foreign investor showed interest to develop SEZ in Nepal, according to Chandika Prasad Bhatta, executive director of SEZ Development Committee.
"Lately hydro flask 10 oz wine tumbler for sale , there is a communication gap with these Chinese investors because we had told them to inquire us after the SEZ regulation is introduced here," Bhatta told Xinhua on Tuesday.
According to SEZ Committee, no other foreign investor has so far showed interest to develop SEZ here. Nepal government is preparing to develop SEZ in 17 locations in different parts of the country. But the infrastructure has only been developed in a single SEZ in Bhairahawa, a south western city of Nepal, so far.
According to SEZ Committee hydro flask wine tumbler for sale , it is now in the process of giving approval to 19 domestic industries to set up their factories inside Bhairahawa-based SEZ.
Nepal specifically aims to attract export industries inside SEZs and more foreign investment. For this, the SEZ Act has also offered several incentives.
The act has made provision of full income tax exemption for five years for the industries operating inside the SEZ. The industries that use at least 60 percent domestic raw materials will get 50 percent tax exemption for additional 10 years while others will get additional five-year tax exemption.
The law has also banned workers from holding any form of protests that could affect the production of the factories in the zone.
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URUMQI, March 22 (Xinhua) -- With a number of new projects approved, China's far northwestern Xinjiang Uygur Autonomous Region is reviving the commercial splendor of the ancient Silk Road.
Construction of an airport in Qarilik County in south Xinjiang hydro flask wine bottle for sale , the largest county in China with an area of nearly 200,000 square kilometers, was approved in late February and should get underway in the fall. It is the third airport approved this year and will bring the number of civilian airports in the region to 19.
A total of 23 key projects with an investment of close to 20 billion yuan (3 billion U.S. dollars), include 5 railways, 14 highways and 3 airports. Construction will begin on all these projects this year hydro flask 18 oz wide mouth for sale , according to the Xinjiang development and reform commission on Saturday.
In a speech in Kazakhstan last September, Chinese President Xi Jinping set out his vision for a "new" Silk Road. The Silk Road once linked China with central Asia and Europe and the ancient routes serve as the basis for Xi's "Silk Road Economic Belt". The plan is a way of developing political and economic ties with China's neighbors, and accelerating the development to China's western regions.
When Xinjiang was still known as Xiyu (literally "Western Regions"), the Silk Road made it the most international, multicultural melting pot in the world for almost 2 hydro flask 64 oz wide mouth for sale ,000 years. China's silk, porcelain and printing technology were taken to the West while spices, music and Buddhism were brought to the East. The route through central Asia gradually lost its significance in the age of sail and now, remote and somewhat isolated, Xinjiang lags behind other Chinese provinces in development terms.
Infrastructure hydro flask 64 oz for sale , finances, technology, human resources, and sporadic violence all play their part in hampering Xinjiang's stability and development. For decades, China has worked to revive the regions past glories through investment principally in infrastructure and energy hydro flask 18 oz standard mouth for sale , hoping the unique position of the province at the heart of central Asia will bring prosperity to a region where more than half the population come from ethnic minorities. Transportation is now top of the agenda.
Besides the three new airports, two regional railways in the oil-rich north will join the national railway network this year. "Transportation is key to Xinjiang's development," said Pan Zhiping, head of the central Asia research institute at Xinjiang Academy of Social Sciences.
"A major corridor, with Xinjiang straddling central Asia and Chinese inland regions hydro flask 21 oz standard mouth for sale , can do a lot to protect China's energy security,. Gerardo Flores Mexico Jersey Cheap Patriots Jerseys Cheap New York Jets Jerseys Cheap New Orleans Saints Jerseys Cheap New York Giants Jerseys Cheap Philadelphia Eagles Jerseys Cheap Miami Dolphins Jerseys Wholesale Chargers Jerseys Wholesale Tampa Bay Buccaneers Jerseys Wholesale San Francisco 49ers Jerseys |
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