Assuming per capita GDP reaching $1,800 and public capital spending growing from 5% of GDP (now) to 10%, Nepal will have $55 billion invested in infrastructure by 2030.
The government including its army holds the largest inventory of land and it will depend on how government decides to unlock the value of its land.
The prime focus of the government at this stage is to develop competitiveness of smallholder farmers to enter into markets, generation of skilled labor in agriculture and to some extent establish effective value chains.
In FY 2014-15 the sector witnessed a 0.8% growth whereas the projection for FY 2015-16 stands at 1.3%.
Birgunj’s economy has slowly begun to show signs of revival following the blockade.
A mixture of pessimism and hopefulness defined the mood of hotel and restaurant operators, transporters, travel agents, local businesses and residents of Pokhara.