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Nepal eyes joint ventures with global investors

March 31, 2024 00:00:00


Nepal has invited global investors, including those from Bangladesh, to participate in joint ventures, as the Himalayan country is aiming for growth and shared prosperity.

"We stand ready to facilitate Bangladeshi investors. Investment is playing an important role in strengthening economic ties between Bangladesh and Nepal," said Nepalese Ambassador to Bangladesh Ghanshyam Bhandari, reports UNB.

He was speaking at a pre-event seminar on the 3rd Nepal Investment Summit-2024.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid spoke as the chief guest. CEO of Investment Board Nepal (IBN) Sushil Bhatta was present as special guest. Lawmakers and entrepreneurs and businesspeople were present.

Nepal is located between two economic powers India and China and is an emerging destination for the global investors, said the organisers of the Nepal Investment Summit 2024 which stands as a testament to the government's unwavering commitment to transforming Nepal into a premier global investment destination.

The government of Nepal is organising the Third Nepal Investment Summit (NIS) 2024, scheduled to be held in Kathmandu for April 28-29.

This Summit will convene national and international speakers, dignitaries, sector-specific experts, and, notably, high-level representatives from the government, private sector, and development partners.

The government of Nepal is collaborating closely with development partners, DFIs, and the private sector to organise the Summit. In alignment with Nepal's periodic plan and the government's policies and programmes, the government of Nepal has attached high priority to the private sector investment, including foreign direct investment (FDI).


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