KATHMANDU: Deputy Chief of Mission (DCM) at the Indian Embassy in Kathmandu, Nepal, Namgya Khampa has said that Nepal is one of India’s most important neighbors, a special partner and a key actor in India’s vision for a connected, integrated South Asian region.
She was speaking at a virtual interaction organized by the Embassy of India, in partnership with Confederation of Indian Industries and in presence of Ministry of Physical Infrastructure and Transport, Government of Nepal with Indian infrastructure-sector companies on opportunities for undertaking projects in Nepal.
DCM Khampa stated that infrastructure sector will play a critical role in Nepal’s efforts at economic development.
Highlighting the emerging opportunities in this sector, she suggested the companies to keep Nepal in their list of priorities and benefit from the upcoming opportunities.
Keshab Kumar Sharma, Joint Secretary, MoPIT, Government of Nepal, welcomed Indian companies’ participation in business opportunities in Nepal and gave an overview of the scale, scope and nature of bids in the infrastructure sector.
He answered questions on funding modalities, joint ventures etc. and encouraged them to tie up with suitable local partners wherever it suits the project’s scale.
In last few years, Indian infrastructure companies have undertaken major projects within India and abroad and have built a reputation for quality of construction, adherence to timelines and cost-competitiveness, a statement issued by the Embassy of India said.
The interaction was aimed at attracting their attention to Nepal’s booming infrastructure sector, sensitizing them on local partnerships and encouraging them to contribute to it with their unparalleled expertise, technology and know-how.
Comment