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Figure 34. Extent that customs and trade regulations hinder business growth in the Manufacturing Sector
from Unlocking Opportunities for the Private Sector in Nepal Promoting greener and more inclusive growth
6.2 Manufacturing: barriers to growth
This section provides a detailed description of the constraints faced by businesses for the manufacturing sector.
6.2.1 Customs and trade regulations
A greater percentage of manufacturing enterprises than agribusinesses in Province 2 are negatively impacted by customs and trade regulations.
In Lumbini, a smaller percentage of manufacturing enterprises than agribusinesses find the customs and trade regulations to be cumbersome and hindrance to growth. Manufacturing enterprises face the same challenges as the agribusinesses in relation to customs clearance and procedures which are discussed in 6.1.1.
Figure 34. Extent that customs and trade regulations hinder business growth in the Manufacturing Sector
Key barriers to growth faced by the manufacturing businesses include customs and trade regulations, corruption, difficulty in accessing business licences and permits, limited availability of business development services and challenges in accessing finance.
