Nepal has almost 100% FDI in almost all sectors excluding Alcohol and Tobacco related industries. Recently, the Govt. has announced up to 70% FDI in the poultry industry. Every foreign investment has to get an FDI approval to invest in projects or any industries (manufacturing, services, tourism etc). The FDI approval takes almost 40-45 days of time and the FDI is approved by the Department of Industries which comes under the Ministry of Industry of the Govt. Of Nepal.
However, for projects worth or over Nrs. 1000 crores (or $125 million), the Govt. of Nepal has the Investment Board which is under the PM's Office to look after which looks after the whole project. The Inve3stment Board consists of 5 members for the management function and 6 ministers including the Prime Minister of Nepal, Ministry of Industries, Environment Ministry, Land Reforms Ministry, Commerce Ministry.