Nepal seeks investors for projects worth Rs 2.45 trillion
Summary
Nepal is seeking domestic and foreign investors for 23 strategic infrastructure projects worth Rs 2.453 trillion at an Infrastructure Summit in Kathmandu on December 9 and 10. The government plans to amend 59 laws to improve the investment climate and showcase major projects in energy, roads, airports, technology and industrial infrastructure.
Key Points
- The government will present 23 major and strategic projects worth Rs 2.453 trillion to investors at the Nepal Infrastructure Summit in Kathmandu.
- Projects on offer span hydropower, expressways, airports, tunnels, IT, industrial parks, tourism and agro-processing.
- The government is preparing to introduce or amend 59 laws to improve the investment climate before the summit.
- Business bodies including CNI, FCAN, FNCCI and Nepal Chamber of Commerce are co-organising the event.
