Monday, January 20, 2014

34 firms to get CIP title


KATHMANDU, Jan 20: The government has selected altogether 34 firms and organizations for the Commercially Important Person (CIP) title.

Ministry of Commerce and Supplies (MoCS) finalized the list after a rigorous selection process spanning eight months. It finalized the list as per the report submitted by a committee led by Ishwari Prasad Ghimire, executive director of Trade and Export Promotion Center.

The selection was carried out as per the Commercially Important Person Selection, Award and Facility Guidelines 2013. The firms were selected on the basis of criteria like exporter volume and value, employment generation and tax payment, among others.

President Ram Baran Yadav will confer the title on the representatives of 34 firms and organizations at a gala event to be held at Sheetal Niwas on January 27.
The recipient firms and organizations can enjoy the CIP facilities until 2015.

Arihanta Multifibers, a subsidiary of Golchha Organization, has been selected for becoming the largest employer, while Dabur Nepal has been chosen on the basis of export volume to India.

Jiba Raj Koirala, joint secretary of MoCS, said the CIP recipients will also be accorded Very Important Person (VIP) facility. “We, however, are yet to take formal decision on it,” added Koirala.

Name of firms/organizations

Largest third country exporter by the number of product in five products
Woolen carpet- The Shangrila Carpet and Handicraft Industries, Jorpati Kathmandu
Ready Made Garment- Nepal Fashion, Gongabu, Kathmandu 
Lentil- Tribeni Dal and Oil Industries, Birgunj Parsa
Pashmina Products- Everest Pashmina Knit and Weaving Industries, Thamel Kathmandu

Leather- Asian Leather Industries, Duhabi, Sunsari
Largest exporter to India by the product value
Dabur Nepal, Kathmandu
Largest handicraft exporter by the product value
Everest Fashion Sundhara, Kathmandu 
Largest exporter of agro and herbal products by the product value
Ilam Tea Producers, Biratnagar

First and Second Largest exporter by product value to China
Api Himalayan International Private Limited
Asian Leather Industries, Duhabi, Sunsari
Largest exporter by the enterprise run by Women
Sangrila Agro Trading, Thasikhel, Lalitpur 

Largest overseas importer of five Nepali products by product value
Woolen carpet- Steven T. Cibor USA
Lentil – Rokeya Bangladesh
Ready Made Garment- Rising International Inc, USA
Pashmina Products- Oto Gmbh, Germany
Leather- Dorma S. L R Italy
First and Second Indian importers of Nepali products by the product value
Dabur India Limited, India
Bhushan Power and Steel, India
First and Second Chinese importers of Nepali products by the product value
Beijing Medicine and Health Product Corporation, China
Tibet Yentao Trading Company, Khasa China
Industry with largest employment generation
Arihanta Multifibers, Khanar, Sunsari
Largest remitters through bank
Largest earner of foreign currency in tourism sector
Hyatt Regency Kathmandu
Travel company bringing in largest tourists from third countries
Yeti travels, Kathmandu
The Largest tax payer firm  
Nepal Telecom
Each chairman of different organizations for playing role in export trade and commerce sector
Federation of Nepalese Chambers of Commerce and Industries
Nepal Chamber of Commerce
Confederation of Nepalese Industries

Each chairman of different largest exporters among commodity associations
Woolen Carpet- Nepal Carpet Exporters Associations,
Woolen Carpet- Central Carpet Industry Association
Ready Made Garment- Garment Association of Nepal
Pashmina Products- Nepal Pashmina Industries Association
Handicraft- Federation of Handicrafts Association of Nepal  
Federation of Women Entrepreneurs Associations Nepal

Published on 2014-01-20 23:57:05

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