Third Investment Summit Unveils Exciting Opportunities for Nepal’s Economic Growth

Third Investment Summit Unveils Exciting Opportunities for Nepal's Economic Growth

The Third Investment Summit, scheduled for April 28 and 29, in Kathmandu, is set to unveil a plethora of investment prospects for Nepal’s economic advancement. Organized by the Investment Board, this two-day event promises enlightening sessions and discussions aimed at fostering sustainable development.

The Summit’s agenda includes an array of insightful sessions, starting with two special sessions and an inaugural session on the first day. Delving deeper into investment prospects, the plenary sessions titled “Exploring Investment Opportunities in Nepal” and “Success Stories of Investments in Nepal” aim to inspire and inform potential investors.

On the second day, three parallel sessions with panel discussions will take place. These sessions cover diverse topics such as renewable energy potential, innovative financing landscape, tourism investment, agro-processing value chain, manufacturing growth, startup climate, ease of doing business, and ICT investment platforms.

The event, themed ‘Emerging Nepal Investment Summit 2024’, will be hosted at Hotel Soaltee, Kathmandu, providing a conducive environment for networking and collaboration.

Preparations for the Summit are in full swing, with about 150 showcase projects set to be presented. The number of showcase projects has increased from the initial plan of 125, with contributions from the private sector, provinces, and local levels.

To facilitate interaction, separate stalls will be set up for private sector and local level projects, with dedicated staff providing information. With just twelve days left, preparations are underway to accommodate over 260 guests from 31 countries.

In anticipation of the Summit, the Investment Board is actively engaging in negotiations and agreements for various projects, including the Nepal-China Friendship Park, hydroelectricity projects, solar plants, and agreements with private entities like Dabur Nepal Private Ltd.

During the Summit, Nepal plans to solicit expressions of interest from potential investors for 20 projects. These projects span different stages, from market-sounding projects to those ready for financial investment, showcasing Nepal’s commitment to fostering a conducive investment environment.

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