NE Group

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Joint-venture with Soaltee Hotels established

SIBKRIM Land and Industrial Co. Pvt Ltd, a subsidiary of N.E.Group, has established a joint-venture partnership with Soaltee Hotel Ltd. to form Soaltee-SIBKRIM Hotels and resorts Pvt Ltd. Soaltee-SIBKRIM Hotels and resort Pvt Ltd seeks to grow the Soaltee brand by developing new properties across Nepal, specifically in Nepalgunj, Pokhara and others. The company will also expand its hotel operating company to manage hotels across Nepal.