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Government promotes Natural resource-based industries: Minister Bhandari

In his address to an inauguration of the well drilling, a joint effort of the Department of Mines and Geology, and China Geological Xibu Drilling Engineering Company Ltd here today.

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KATHMANDU: Minister for Industry, Commerce, and Supplies, Damodar Bhandari, has underlined the need to intensify the exploration of mines

In his address to an inauguration of the well drilling, a joint effort of the Department of Mines and Geology, and China Geological Xibu Drilling Engineering Company Ltd here today.

The Minister hoped that exploration of oil and gas and its exports would help transform Nepal’s socio-economic scenario, empowering the future generation.

According to the Minister’s Secretariat, the successful exploration of underground natural resources will help create a foundation for the nation’s prosperity, making us secure in terms of access to energy.

He also wished that the launching of the well drilling may find a good storage of petroleum products.

He took time to say that the government is committed to promoting industries based on natural resources, adding that the government is focused on creating an investment-friendly atmosphere with priorities for industrial, agriculture, tourism, and energy sectors.