Nepal Prime Minister K. P. Sharma Oli said on Tuesday that his government is weighing setting up new industries to alleviate poverty, end under - development and generate employment.
Oli made the remarks at a meeting with the business persons representing the SAARC Chamber of Commerce and Industry.
He said South Asia should become prosperous by eliminating poverty, backwardness and under - development, Xinhua news agency reported.
Oli, who is also the Chairman of ruling Communist Party of Nepal, said this was a right time for people from all walks of social life to work together for the country's development.
"Now, I believe that we have enough capable workforces in the country which can contribute a lot for the country's socio - economic development, " he said.