FNCCI concerned over closure of Arghakhanchi cement factory
KATHMANDU, July 22: The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has expressed serious concern over the closure of Arghakhanchi Cement factory due to the "locals´ irrational" activities.
According to a statement issued on Sunday, FNCCI called on the government to take immediate steps to create favorable environment for smooth operation of the factory. “The industry has done so much to protect the environment in the local area,” said the statement.
“We express grave concern over the locals´ irresponsibility such as violent attack on the factory staff,” the release states. “The government must take actions against those involved and punish them according to law.”
The industry with Rs 2.5 billion investment has provided jobs to 700 people. “We believe there can´t be any kind of foreign investment in the country until such attacks continue on domestic industries,” the statement said.
The factory has been closed since the last 9 months. “This is not tolerable to us. We ask the government to come up with a concrete plan to stop such activities,” the statement reads.