Kathmandu, Sept. 22 -- Last week, Nigeria's Dangote Cement said it was planning to exit Nepal, as it failed to get a suitable mine from the government six years after it got the foreign direct investment approval from Investment Board Nepal.

Dangote, which was among the first of the companies to apply for foreign direct investment in 2013, stands at a crossroads today.

At a time when the global economy is showing clear signs of slowing down, Nepal would be struggling to meet its gross domestic product growth rate target in the current fiscal year and thereon if the government cannot retain the investors, experts say.

"Nepal, in fact, has failed to build confidence among the investors," said Chandan Sapkota, an economist.

Buoyed by thr...