CPN-Maoist warns govt against handing magnetite factory to foreigners

   by RAMESH KHATIWADA, myrepublica.com
 
 DOLAKHA, Nov 11: Cadres of the CPN-Maoist have taken control of a Dolakha-based magnetite industry in a move they described as an effort to protect the factory from being handed over to foreigners.
   

On Saturday, the CPN-Maoist cadres planted a flag on the premises of Nepal Orient Magnetite at Lakuridanda-7 of Dolakha district, accusing the government of trying to sell the country´s property to foreigners.

The CPN (Maoist) have threatened to “capture the factory completely” if the government handed over its management to Indian industrialists in the name of adopting public-private partnership model.

“In principle, we are not against running the factory under public-private partnership model,” said Purna Bahadur Khadka, Dolakha district in-charge of the CPN-Maoist. “But, we have learnt that the government is now trying to hand over the management of the factory to Indian industrialists on the pretext of adopting a new model.” Continue reading