Kathmandu. The country is in the grip of economic crisis, lack of investment and youth exodus. On the one hand, the government is announcing to attract foreign and domestic investment, encourage the private sector, revive the tourism industry and create investment-friendly environment. From the Prime Minister of the incumbent government to the Finance Minister, there are repeated speeches of that ‘prosperity is not possible without the private sector’. But on the other hand, on the other hand, when the business projects built by completing the legal process have been the target of controversy, publicity, mental pressure and fake rhetoric for years, what will be the future of investment in Nepal? A serious question has begun to arise.
The Chhaya Complex in Thamel is now at the center of this debate. The modern business complex, which was once constructed with the aim of elevating Nepal’s tourism sector at the internationallevel, is now in the midst of such publicity that it has not only affected a single building or business, but also the overall investment, environment and tourism market of Nepal ।
Over the years, social media, various groups and some activists have been accusing the Chhaya Complex of ‘heritage encroachment’,‘a building built by the mafia grabbing the land of Guthi and ‘a project to destroy the culture of Thamel’.However, one thing is clear when we look at the government records, court orders, administrative approvals, map approvals, land revenue records and the judicial situation during the construction of the building. The shadow complex was not a structure built overnight or erected illegally. The project was built within the state’s legal process, government approvals and administrative systems. On the other hand, Thamel ‘Amrit Marg’ was built at a time when it has less commercial importance than other areas, this commercial complex has changed the business ground of the place local businessmen. Locals are happy to build for their contribution to the preservation of the local Bhagwan Bahl temple.
This is the reason why many businessmen have started asking – ‘If a project approved by the state remains unsafe for years, then who will invest in Nepal?’
प्रतिक्रिया दिनुहोस्
