Kathmandu, Jan. 16 -- Foreign direct investment (FDI) in Nepal increased by 52.11 percent in the second quarter of the current fiscal year.

According to the Department of Industry, Nepal received FDI commitments worth Rs39.25 billion across 476 projects in the first six months of the current fiscal year until mid-January. This marks an increase from Rs25.79 billion committed through 355 projects during the same period last fiscal year. The committed investments are projected to generate employment for 20,122 people.

These improved figures come despite global geopolitical uncertainty pushing investors to safe-haven assets, particularly commodities, as long-term secure investments, said Gunakar Bhatta, former executive director of Nepal R...