Nepal (; Nepali: नेपाल [nepal]), officially the Federal Democratic Republic of Nepal (Nepali: सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल), is a landlocked country in South Asia. It is mainly situated in the Himalayas, but also includes parts of the Indo-Gangetic Plain, bordering Tibet of China to the north, and India in the south, east, and west, while it is narrowly separated from Bangladesh by the Siliguri Corridor, and from Bhutan by the Indian state of Sikkim. Nepal has a diverse geography, including fertile plains, subalpine forested hills, and eight of the world’s ten tallest mountains, including Mount Everest, the highest point on Earth. Nepal is a multi-ethnic, multi-lingual, multi-religious and multi-cultural state, with Nepali as the official language. Kathmandu is the nation’s capital and the largest city. List of industrial estates in Nepal
Nepal’s gross domestic product (GDP) for 2019 was $34.186 billion.With an annual growth rate calculated at 6.6% in 2019, and expected 2.89% in 2021,Nepal is one of the fastest-growing economies in the world. However, the country ranks 165th in the world in nominal GDP per capita and 162nd in GDP per capita at PPP. Nepal has been a member of WTO since 23 April 2004.
The 16.8-million-worker Nepali labour force is the 37th largest in the world. The primary sector makes up 27.59% of GDP, the secondary sector 14.6%, and the tertiary sector 57.81%. Nepal’s foreign exchange remittances of US$8.1 billion in 2018, the 19th largest in the world and constituting 28.0% of GDP, were contributed to its economy by millions of workers primarily in India, the middle east and East Asia, almost all of them unskilled labourers. Major agricultural products include cereals (barley, maize, millet, paddy and wheat), oilseed, potato, pulses, sugarcane, jute, tobacco, milk and water buffalo meat. Major industries include tourism, carpets, textiles, cigarettes, cement, brick, as well as small rice, jute, sugar and oilseed mills. Nepal’s international trade greatly expanded in 1951 with the establishment of democracy; liberalization began in 1985 and picked up pace after 1990. By the fiscal year 2016/17, Nepal’s foreign trade amounted Rs 1.06 trillion, a twenty-three folds increase from Rs 45.6 billion in 1990/91. More than 60% of Nepal’s trade is with India. Major exports include readymade garment, carpet, pulses, handicrafts, leather, medicinal herbs, and paper products, which account for 90% of the total. Major imports include various finished and semi-finished goods, raw materials, machinery and equipment, chemical fertilizers, electrical and electronic devices, petroleum products, gold, and readymade garments. Inflation was at 4.5% in 2019. Foreign exchange reserves were at US$9.5 billion in July 2019, equivalent to 7.8 months of imports.
This is a list of industrial estates in Nepal.
- Balaju Industrial Estate
- Bhaktapur Industrial Estate
- Birendranagar Industrial Estate
- Butwal Industrial Estate
- Dhankuta Industrial Estate (construction work held up due to technical problem)
- Dharan Industrial Estate
- Hetauda Industrial Estate
- Nepalgunj Industrial Estate
- Patan Industrial Estate
- Pokhara Industrial Estate
- Gajendranarayan Singh Industrial Estate (Rajbiraj)
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