KATHMANDU: The two-day schedule for the Third Investment Summit, set to take place in Kathmandu on April 28 and 29, has been unveiled.
According to the Investment Board, the first day will feature two special sessions alongside the inaugural session.
The plenary sessions are titled “Exploring Investment Opportunities in Nepal” and “Success Stories of Investments in Nepal”.
On the second day, three parallel sessions will be conducted, each comprising three panel discussions, as announced by the Investment Board Nepal Office.
Parallel Session 1 will cover topics such as ‘Navigating Nepal’s Renewable Energy Potential’, ‘Discussions on Innovative Financing Landscape’, and ‘Investment Opportunities and Green and Climate Resilient Business in Nepal’.
Under Parallel Session 2, discussions will focus on ‘Harnessing Green Finance for Sustainable Investments’, ‘Investing in Tourism Paradise’, and ‘Strengthening Nepal’s Agro-processing Value Chain for Export Growth’.
Parallel Session 3 will delve into ‘Driving Innovation and Growth in Manufacturing’, ‘Enhancing Nepal’s Startup Climate and Ease of Doing Business’, and ‘ICT: a Vibrant Investment Platform’.
Session 4 will host a panel discussion on ‘Leveraging PPP for Infrastructure and Services’.
The event, themed ‘Emerging Nepal Investment Summit 2024’, will take place at Hotel Soaltee in Kathmandu. Approximately 150 showcase projects are slated to be presented at the Summit.
The Board had initially planned to showcase 125 projects, but this number has risen with additional projects brought forward by the private sector, provinces, and local levels, according to Pradyumna Prasad Upadhyay, the Board spokesperson.
Upadhyay further mentioned that separate stalls with dedicated staff will provide information about projects from the private sector and local levels.
Approximately 22 to 25 stalls are expected to be set up at the Summit venue.
With just twelve days left until the Conference commences, preparations are in full swing, stated Upadhyay.
The Board anticipates the attendance of over 260 guests from 31 countries by Sunday evening.
In the course of Summit preparations, the Board is actively working on drafts of Project Development Agreements (PDAs) for three projects.
Negotiations with developers are ongoing for the Nepal-China Friendship Park, Upper Marsyangdi-2 Hydro Electricity Project, and Kohalpur and Banganga Solar Plants. Additionally, preparations are underway for a Project Investment Agreement (PIA) with Dabur Nepal Private Ltd.
Before the Summit kicks off, a Board meeting chaired by Prime Minister Pushpa Kamal Dahal ‘Prachanda’ will be held.
Nepal plans to issue a call for Expression of Interest (EOI) from potential investors for 20 projects during the Summit.
Six projects are earmarked as market-sounding projects, 33 are in the preliminary phase of identification, and 20 are deemed capable of securing financial investment.
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