FNCCI President advocates for investment in Nepal’s promising sectors at 3rd Investment Summit « Khabarhub
Thursday, June 13th, 2024

FNCCI President advocates for investment in Nepal’s promising sectors at 3rd Investment Summit

28 April 2024  

Time taken to read : 2 Minute

  • A
  • A
  • A

KATHMANDU: Chandra Prasad Dhakal, President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), urged investors worldwide to explore the opportunities presented by Nepal’s burgeoning economy at the 3rd Nepal Investment Summit 2024.

Addressing the summit, Dhakal highlighted Nepal’s vast untapped sectors and emphasized its potential as an attractive investment destination.

He pointed out Nepal’s strategic location between economic giants China and India, positioning it as a gateway to expansive markets.

Emphasizing the abundant opportunities across diverse sectors such as tourism, infrastructure, energy, agriculture, technology, and ICT, Dhakal particularly spotlighted the immense potential in renewable energy.

He cited recent agreements for power trade with India and Bangladesh as evidence of Nepal’s capabilities in hydropower generation and regional trade.

Dhakal stressed the importance of modern infrastructure in sectors like tourism, agriculture, and technology to leverage Nepal’s rich cultural heritage, natural beauty, and dynamic workforce.

Additionally, he underscored the need for investment in technical education to address the gap between demand and supply of skilled human resources, thereby enhancing domestic employment and remittance inflows.

Commending the government’s efforts in implementing business-friendly policies and initiatives to facilitate foreign investment, Dhakal highlighted FNCCI’s role in boosting investor confidence through international business summits in key cities like New Delhi, Beijing, and Dubai.

He assured continuous support and commitment from the Nepali private sector for joint ventures across all potential sectors.

Expressing confidence in Nepal’s emerging growth story, Dhakal encouraged forging partnerships to pave the way for sustainable development and prosperity.

Publish Date : 28 April 2024 13:54 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

Lawmaker Gurung proposes downsizing federal ministries to 12

KATHMANDU: Deputy General Secretary of CPN-UML, Prithvi Subba Gurung, has

Bhattarai criticizes label of ‘Indian agent’, calls for new political force to address national issues

KATHMANDU: Dr. Baburam Bhattarai, Chairman of Nepal Socialist Party and

CK Raut advocates for directly elected Prime Minister system

KATHMANDU: The Janamat Party Chairman and lawmaker Dr. Chandra Kant

Former CJ Shrestha informed about RSS services

KATHMANDU: Former Chief Justice Kalyan Shrestha today visited the RSS