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November 2008

Vehicle Import Doubles In Nepal
Import of vehicles has more than doubled this year compared to the last two years (2062/2063).

According to the Birgunj tax office, 5468 four-wheel vehicles of worth Rs. 3717 million entered Nepal in the year 2006/07, compared to 2146 in the previous year. Import of trucks and buses increased by 300 percent, while import of motorbikes increased by 100 percent compared to last two years. Mr. Ganesh Lath, president, Birgunj FNCCI, said that the import of four wheelers is increasing at alarming rate due to the fact that various banks and financial institutions are luring consumers with attractive financial models and plans.

Source: Clean Energy NEWS Vol. 7, Number 38, August 15, 2007

Vehicle Import Doubles In Nepal
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