Government of Nepal has announced “One Province One Big Industrial Estate” in its plan to develop all the provinces with equal priority. Damak Clean Industrial Park is established with the objective to contribute to the industrial development of the Province No. 1 that will subsequently contribute to the overall industrial development of Nepal. To transform the government plan into reality along with accomplishing our objective, our company has planned to develop and operate Industrial Park in Damak-Jhapa.
Industrial Parks are fundamentally different from traditional free trade zones. Instead of export drivers and investment magnets, they are designed as liberalization platform for diversified economic growth.Industrial Park accommodate all types of activities, including tourism, retail sales, permit people to reside on site, and provide a much broader set of incentives and benefits.
Damak Clean Industrial Park is not only about invested money and new jobs –it is also about improving the competitiveness of the country’s entire economy, transferring technologies and know-how, as well as developing cooperation in regions covered by the area.
To pioneer the establishment of the first Industrial Park in the nation that will contribute towards a favorable Balance of Trade by prioritizing industries that will aid in the substitution of imported goods and increase the export of the nation.
Damak Clean Industrial Park is determined to be the symbol in the region by creating opportunities for mutual benefits, providing possibilities for development, and being a role model for private industrial parks that will provide stimulus to the economy for rapid growth.
The main objective or our industrial park is to create delineated industrial zones with world class infrastructure, internationally competitive production environment and fast track clearance system for attracting private investments, especially Foreign Direct Investment for setting up export oriented unites.
The specific objectives of our Industrial Park are to:
The committee is composed of five members and is headed by President. President: Mr. Govinda Thapa Member: Mr. Ambika Khanal Member: Mr. Bodhraj Neupane Member: Mr. Dilli Neupane Member (General Manager): Mr. Yogendra Niroula