Section 22: Functions, Duties and Powers of the Department

In addition to the functions, duties and powers referred to  elsewhere in this Act, other functions, duties and powers of the Department shall be as follows:

(a) To create conducive environment for the establishment and operation of industries to be established with foreign investment,

(b) To facilitate foreign investors to obtain any approval or permission including initial environmental assessment, environmental impact assessment in accordance with the prevailing law,

(c) To maintain updated records of foreign investments approved or permitted in accordance with this Act or the prevailing law and of the technology transferred in Nepal, update such records and make the same public periodically,

(d) To give approval for foreign investors and foreign experts, technicians or managerial employees who are engaged in the industries with foreign investment pursuant to Section 27 to repatriate investment and remuneration,

(e) To make and enforce Standard Operating Procedures in order to make foreign investment transparent and to make procedural simplification,

(f) To make recommendations for visas to foreign investors and their authorised representatives, foreign experts, technical or managerial employees engaged in industries with foreign investment in accordance with  Section 27 and minor members of their families, and make facilitation for that purpose.

(g) To make regular supervision and monitoring as to whether any industry with foreign investment has misused any facility granted in accordance with this Act,

(h) To facilitate industries with foreign investment in establishing industries in an industrial zone or special economic zone,

(i) To perform, or cause to be performed, such other functions as prescribed.