China invests $2.24 billion on developing hydroelectricity and farming in Nepal

Nepal and China on Wednesday signed eight agreements worth $2.4 billion on the second day of Prime Minister K.P. Sharma Oli’s visit. These agreements were reached between the two governments and private sectors where Chinese investors will put money on developing hydroelectricity, water resources, cement factories and fruit cultivation and farming.
This could only mean that economically Nepal will benefit a lot from this deal, allowing it to develop economically and put Nepal on the road of renewable and clean energy.
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