Kuala Lumpur, Jan 13, 2015 – Foreign investors seeking for information about investing in Nepal can look forward to the inaugural investment summit – the Nepal Investment Summit 2015, which will be held on 27th January 2015 at Pullman Bangsar, Kuala Lumpur for all the answers that they need about the Nepal investment climate.
Hosted by the Embassy of Nepal to Malaysia and jointly organised by Confexhub Group and Full Bright Consultancy (Pvt) Ltd of Nepal, the Nepal Investment Summit 2015 is the first of its series of investment summits planned with objective to bring together potential investors from the region to a platform to understand the key development issues of investing in Nepal; be updated and dialogue with policy makers from Nepal on investment climate and opportunities in Nepal.
The summit themed ‘Investing in the Emerging Nepal’, with focused sectors on power, road, rail, airport and physical infrastructures will cover the following areas:
- Nepal Government’s Economic Priority Sectors and Market Opportunities
- Nepal’s Power, Road, Rail, Airport, Commercial and Residential Properties Sectors Outlook & Opportunities
- Nepal Government’s Energy, Transport Infrastructure, Housing and Social Infrastructure Development Plans
- Foreign Direct Investment Policy
- Legal, Tax and Incentive Structures
- Financing Options for Power and Infrastructure Projects including Hydropower Plants in Nepal
- Available Projects and Acquisition Projects.
The one-day summit will be graced open by the Honorable Dr. Narayan Khadka, the Minister of Urban Development of Nepal with other government officials that will be attending and providing information on investing in Nepal including Prof Dr. Govind Raj Pokhrel, the Vice Chairman of Nepal National Planning Commission; Dr. Yuba Raj Khatiwada, the Governor of Nepal Rastra Bank; Mr. Radhesh Pant, Chief Executive Officer of Investment Board of Nepal; Mr. Tulasi Prasad Situala, Secretary of the Ministry of Physical Infrastructure and Transport; Er. Ratish Chandra Lal Suman, Director-General of Civil Aviation Authority of Nepal; Er. Shambhu K.C., Director-General of Department of Urban Development and Building Construction, Ministry of Urban Development; Mr. Rajendra Kishore Kshatri, Secretary of Ministry of Energy and Mr. Ram Prasad Dhital, Executive Director, Alternative Energy Promotion Centre
According to the organizer, over 200 delegates from the region is expected to converge at this summit to meet face-to-face with the relevant authorities to have better understanding on the investment opportunities, policies and regulations, at the same time to network with the Nepali government officials for their venture in Nepal. Delegates will also be updated with the list of available projects planned by the Nepali government and the acquisition procedure.
According to the summit patron, YB. Dato’ Seri Utama S. Samy Vellu, Special Envoy to India and South Asia (Infrastructure), “This summit is a good platform to all participants and government agencies to know the current policies and ground rules for investment of Nepal; and most importantly the opportunity to hear directly from the Nepalese policy makers.” “I am delighted to be the Honour Patron of this initiative that shall be the springboard to our Malaysian companies that looking into business expansion to Nepal”. YB Dato’ Seri added that “I expect our Malaysian companies to leverage on this unparalleled platform to bridge your connection with the Nepalese peers and be the first one to expand your footprint in the Nepalese infrastructure sectors”.
“I believe that the objective of this Summit in setting a platform for investors to meet and have an open discussion with high level dignitaries on the investment climate, our development plans, and explore potential projects in Nepal. It will definitely raise the investors’ confidence and create a better and clear understanding on the huge investment opportunities available in Nepal” said H.E. Dr. Niranjam Man Singh Basnyat, Ambassador of Nepal to Malaysia.
Datuk Dr. Abdul Aziz, the Chairman of the Nepal Investment Summit 2015 organising committee commented, “Nepal is a country that full with untapped resources and amble development potentials. The Nepali government is undertaking all steps to create a business-friendly environment by introducing several tax exemptions and other facilities to vow FDI”.
He added “We see the importance to provide a platform to equip potential investors on the relevant information on the key development issues of investing in Nepal so that they could benefit from the early-mover advantage,” said Abdul Aziz.
Other summit under the Invest Nepal series including the Nepal Power Summit 2015 (9 – 10 June 2015, Hyatt Regency Kathmandu, Nepal) and Nepal Transports Infrastructure Summit (4 – 5 August 2015, Hyatt Regency Kathmandu, Nepal)