Kathmandu, April 29: During the Third Investment Conference, a bilateral cooperation agreement was reached between the World Association of PPP Units and Professionals (WAP) and the Nepal Association of PPP Professionals of Practitioners (NAP) for the promotion of Public-Private Partnership (PPP) in Nepal. The MoU was signed by President Ziad-Alexander Hayek on behalf of WAPCA and Anup Kumar Upadhyay on behalf of NAPA.
In the agreement, it is mentioned in the agreement that both organizations will cooperate on issues of common interest, and exchange knowledge and experience related to public-private partnership (PPP).
Both organizations have agreed to cooperate in strengthening the physical infrastructure and PPP pipeline in Nepal, promote international best practices in PPP project and program preparation and implementation, jointly organize meetings, and seminars and prepare joint publications.
This agreement has opened the door for cooperation with VAP, which has acquired long experience, research and practical knowledge in the field of PPP and has created a global identity as a specialized organization”, said Upadhyay.
People’s News Monitoring Service.
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