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Government preparing for an investment summit

By Our Reporter
At a time when the local investors are saying that there is no investment friendly environment in Nepal, the government is preparing to hold an investment summit in March this year to lure the foreign investors in Nepal.
According to Finance Minister Dr Yuba Raj Khatiwada, preparations were underway to hold a two-day investment conference to showcase the improved business climate of the country in recent years to potential investors.
The event will focus on transforming the political and policy stability into trust among the domestic and international business fraternity, according to Finance Minister Khatiwada.
The two-day conference will include discussions and deliberations that will dwell on investment potential in basically five sectors — agriculture commercialisation, infrastructure (road, rail and aviation), manufacturing, energy and information technology.
The conference will have participation of potential foreign investors, non-resident Nepalis, development partners, international financial firms, diplomats, high-level government officials from Nepal and neighbouring nations and diplomats, among others.
It is reported that the conference will have a plenary session on different issues including investment opportunities in Nepal, investing in Nepal and experience sharing, among others. Similarly, parallel sessions at the conference will have discussions and deliberations on subjects including energy, industry, ICT, tourism, infrastructure, agriculture and forestry.

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