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Monday, August 15, 2011

Services industry registration increased in Kathmandu valley

According to small and cottage industry  department  there was registration of 15 thousand 4 hundred and 75  services company  in the  capital city fiscal 2066-67  . the number is 3 thousand 6 hundred 44  more than in production industry .there was registration of only  11 thousand 8 hundred 31 company  in production sector in three district  of Kathmandu valley
The government has not entertain the registration of production company in municipality area of the Kathmandu valley. hats why there is more service sector industry  registered in Kathmandu valley.
Mainly Hotel  and restaurant ,beauty parlor ,travel agency, consultancy are more registered in this time.it is mainly due to the prohibition in the establishment of  production industry  in municipality are in the Kathmandu valley.
There were  registrations of  2 lakh 29 thousand 6 hundred 83  industry after 2046. Among them 1 lakh 18 thousand industry has been shut down due to lack of investment friendly environment, lack of raw materials,labour and strikes.

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