Nepal Industrial Development Corporation Ltd. (NIDC), pioneer in Industrial Financing in Nepal, was established in July 1959 and has been playing a vital role in the development of the country by virtue of introducing many innovative concepts and development activities. While contributing to establish several prominent product industries like Bhrikuti Pulp and Paper, Everest Sugar, Himalayan Brewery - to name a few; and hotels like Soaltee, Hyatt, Annapurna and Fulbari - for instance, NIDC also has a significant role in the establishment of Industrial Districts, Nepal Stock Exchange, NIDC Capital Market etc.