A senior Maoist leader has urged the private sector to come out and invest openly assuring that their enterprises would not be privatized.

Addressing the 56th annual general meeting of Morang Trade Association in Biratnagar, Tuesday, Dr. Baburam Bhattarai said, “Maoists will not implement any policy of nationalizing the private industry.”

At a time when Maoists appear poised to lead the next government, Dr. Bhattarai said his party will focus on strengthening domestic industries.

“We will adopt the economic policy of raising production by promoting domestic resources and of guaranteeing investment of investors,” he said.

Urging business community to refrain from conducting bandhs and strikes till the formation of new government, Dr. Bhattarai also called on them to improve pay package for workers. nepalnews.com sd May 14 08