Nepal Government Approves World Bank Loan for Development Projects Kathmandu, May 3: In a significant move to boost the country’s economy, the Nepal government has given the green light for a concessional loan of around Rs 13.33 billion from the World Bank. This decision was announced during a press conference held at the Ministry of […]
The third edition of the Nepal Investment Summit 2024 concluded on Monday, marking a significant milestone in the country’s efforts to attract domestic and foreign investments. The two-day event witnessed the signing of several crucial agreements and the laying of foundations for bringing in more investments into Nepal. According to Sushil Bhatta, Chief Executive Officer […]
In a compelling call to action, Nepal’s Minister of Energy, Water Resources and Irrigation, Shakti Bahadur Basnet, has urged both domestic and foreign investors to participate in the government’s ambitious campaign to harness the country’s abundant renewable resources. Addressing a session titled ‘Navigating Nepal’s Renewable Energy Potential’ at the 3rd Nepal Investment Summit-2024, the minister […]
Title: Global Investors Laud Nepal’s Untapped Potential at Investment Summit Subtitle: Representatives from friendly nations, development partners, and private sectors express keen interest in exploring Nepal’s diverse investment opportunities across key sectors. News Article: Kathmandu, 1st May 2024 – The third Nepal Investment Summit, which commenced in Kathmandu on Sunday, has witnessed an outpouring of […]
The third Nepal Investment Summit 2024 has served as a platform for national and international entrepreneurs to showcase Nepal’s investment-friendly climate and abundant opportunities. During the session ‘Success Stories of Investment in Nepal,’ participants shared their experiences of thriving businesses in the Himalayan nation and expressed optimism about the prospects of investing in various sectors. […]
During the Himalayan Hydro Expo 2024, organized by the Independent Power Producers’ Association, Nepal (IPPAN), stakeholders and experts converged to discuss the pressing need for diversifying Nepal’s energy mix. The session, titled “Pioneering the Clean Energy Synergy,” shed light on the immense potential of alternative energy sources, including hydrogen, solar, and wind power, alongside the […]
In a significant move to bolster economic ties between India and Nepal, India’s Ambassador to Nepal, Naveen Srivastava, has assured that he will encourage more Indian companies to invest in the Nepali market. The ambassador made this commitment during his address at the opening session of the Third Nepal Investment Summit (NIS) held in Kathmandu […]
Nepal Eyes Increased Foreign Investment as Global Investors Flock to Mega Summit In a strong display of international interest in Nepal’s burgeoning investment opportunities, over 1,600 individuals from 55 countries have confirmed their participation in the upcoming third Nepal Investment Summit, scheduled to commence on Sunday, April 28. The Office of the Investment Board of […]
In a significant move to attract more foreign investment, the Nepali government has revived the process of obtaining a Sovereign Credit Rating (SCR), which had been stalled for three years due to the COVID-19 pandemic’s economic impact. The SCR, issued by international credit rating agencies, is a crucial indicator of a country’s financial status and […]
In a significant move to boost economic cooperation, the Confederation of Nepalese Industries (CNI) and a visiting business delegation from the Russian Chamber of Commerce and Industry held discussions on expanding trade and business ties between Nepal and Russia on Wednesday. The talks focused on exploring investment opportunities and strengthening bilateral relations. During the business […]