Kathmandu, February 13, 2019: Memorandum Understanding (MoU) was signed between the provincial government of the province 1 and the Federation of Nepalese Chamber in Biratnagar on Tuesday.
Under the MoU signed as part of Public Privet Partnership, Agricultural Enterprise Center (AEC) a unit of FNCCI, will be assisting the provincial government in implementing programs will help propel privet development.
According to the agreement made, FNCCI is putting its focus on supporting and guiding the provincial government to apply various projects and guide while making plans and policies which have positive on both public and privet sectors.
Additionally, the agreement will create a mechanism for the provincial government to release budget to the ACE under the supervision of Provincial Financial Ministery.
The MoU was signed by Indra Bahadur Angbo, MInisterof Financial Affairs and Planning of Province 1, and Bhawani Rana, President of FNCCI.