Second International Plastic Products Expo kicks off

10/06/2018

Kathmandu, Oct. 6: The second international plastic products exhibition has opened in the capital.
Minister for Industry, Commerce and Supplies Matrika Prasad Yadav inaugurated the expo on Friday. The exhibition is organized by Plast Nepal Foundation.
On the occasion, he stressed on the need of promoting the re-use of plastic wares and goods. “Plastic scraps could be processed and used as road black topping material. The industrialists and the government could together discuss on this matter,” he suggested.
Industry Minister Yadav stressed on starting industries only after carrying out the feasibility study. Expressing happiness over Nepal achieving self-reliance in plastic products, he said the government was working to create conducive investment environment in the country.
Finance Minister Dr. Yuba Raj Khatiwada on the occasion advised consumers to reduce using plastic and be aware of the environmental consequences of using too much plastic. He said the government has given facilities to the plastic industries at a par with other industries and directed them to operate within the standard fixed by the government.
Senior vice-president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Shekhar Golchha, urged the government to bring a clear policy regarding the reuse and management of scarp plastic.
President of Confederationof Nepalese Industries (CNI), Haribhakta Khanal suggested to the government to create investment-friendly environment for attaining economic prosperity.
Foundation president SharadKumar Tibadewal said the exhibition was organized with the objective of providing information to the general public about the production of plastic ware and goods in Nepal. He said the exhibition will provide full information on the reuse, recycle and reduction of plastic materials.
The exhibition will run till October 7. Machines and equipments used by plastic industries, plastic wares and products, raw materials and chemicals used in producing plastic materials and plastic articles have been put on display at the exhibition.
Fifty billion rupees has been invested in plastic industries in the country and around 200 thousand people are employed in it, according to the Foundation. The plastic industries pay Rs 7 billion revenue to the government every year. RSS

Related News

Parliamentary committee directs govt to present casino regulations bill

Kathmandu, Sept 30: The Social Justice and Human Rights Committee under the Legislature-Parliament today has directed the government to bring the then enterpriser of Nepal Recreation Centre under the ambit of law. The centre was accused of not paying the tax to government and not providing the salary to the…

Essar-Rosneft deal not violative of sanctions: U.S.

WASHINGTON, Oct. 20: The United States does not see violation of any U.S.-EU sanctions in the recent deal between India’s Essar Oil and the Russian oil giant Rosneft, in which the Russian government has a majority stake. “I don’t think we see any violation of any U.S.-EU sanctions stemming from this…

Despite efforts, India moves up only one place on ease of doing business rankings

NEW DELHI, (INDIA), Oct. 26: India moved up only one position in the International Finance Corporation's (IFC) ease of doing business rankings, triggering a strong reaction from the Indian government which said the string of reform initiatives undertaken by it in the last one year had not been factored in by the World Bank arm. The…

Nepal eligible for MCC fund

Kathmandu, Nov. 5: Nepal has passed 16 out of 20 indicators on U.S. Millennium Challenge Corporation’s Scorecard, and thus become eligible for receiving MCC fund. The U.S. Government’s Millennium Challenge Corporation (MCC) released its fiscal year 2017 scorecards this week – a key component in the agency’s annual competitive selection…

Indian Rs. 500, Rs. 1000 currency notes to be out of circulation from midnight Tuesday

NEW DELHI, Nov. 9: Indian Five hundred and 1,000 rupee notes will cease to be legal tender from midnight on Tuesday, Prime Minister of India Narendra Modi announced in a surprise address to the nation. He said the decision was taken to root out the menace of black money and corruption.…

Pakistan won't be able to copy new notes: Intelligence agencies

NEW DELHI, Nov. 10: Intelligence agencies of India vetted the new denominations of Rs 2,000 and Rs 500 notes asserting that its security features will be next to impossible to replicate for Pakistan and organised criminal networks for some time to come.A top government official without going into the details,…

Video

Find Us on Facebook

From Social

Tokyo (Japan), Sept. 13: A new leadership assumed responsibilities at the Non Resident Nepalese Association (NRNA), Japan on Sunday. The new office bearers took oath of office and secrecy after a long fought battle resulting from dissatisfaction from those who…

Lama led officials assume responsibility in NRNA Japan