Home / Knowledge / News / Textiles / 9,000 jobs to be generated at Bhairahawa SEZ
9,000 jobs to be generated at Bhairahawa SEZ
Sep '10
Bhairahawa Special Economic Zone (SEZ) would generate 9,100 jobs over a decade. According to the report 'Creating Competitive SEZ Regime' prepared jointly by the International Finance Corporation (IFC), Foreign Investment Advisory Service (FIAS) and IFC-South Asia Enterprise Development Facility (IFC-SEDF), the SEZ could generate around 13,300 jobs in a progressive case situation and it could employ 20,500 people in the best case situation.

Bhairahawa SEZ, the first of its kind in Nepal, is shortly going to become functional and it is also anticipated to fetch investments worth Rs. 427.86 million in a decade in a conservative case situation, Rs. 625.34 million in a progressive case situation and Rs. 883.94 million in the best case situation over a span of 10 years.

The SEZ will generate employment as well as attracts investment and will earn a revenue for the government. According to the report, the SEZ could generate earnings worth Rs. 4.5 million for the operator in the worst case situation, Rs. 6.65 million in the middle case situation and Rs. 10.25 million in the best case situation for the operator over a decade.

Uday Raj Pandey, the first vice president of Garment Association of Nepal, said that the development of SEZ is commendable but the bill is still pending in the parliament. According to him, only upgrading the SEZ is not sufficient.

Other services like bank finance, lease facility, special labour act are also required for the successful functioning of industries in SEZ. He also added that Bhairahawa SEZ could be slightly more expensive than the Birgunj SEZ which is still under consideration. But the entrepreneurs are hopeful about the benefits which are going to follow when the bill comes into effect.

Construction of SEZ in Bhairahawa and Birgunj shows a positive direction taken towards constructing additional serviced industrial land for overseas and domestic investors in Nepal.

Fibre2fashion News Desk - India

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Apparel/Garments | On 24th May 2017

G-III Apparel enters into license agreement with PVH

G-III Apparel Group has entered into a multi-year license agreement...

Interviews View All

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search