President Dhakal envisions thriving investment opportunities in Nepal

KATHMANDU: President of the Federation of Nepalese Chambers of Commerce and Industry – FNCCI Chandra Prasad Dhakal asked the investors to bring foreign investment in Nepal.

In a program jointly organized by the FNCCI and the Hong Kong Trade Development Council (HKTDC), the President Dhakal, articulated a visionary outlook on the burgeoning investment opportunities that Nepal presents. The event, a vibrant convergence of thought leaders and business professionals, cast a spotlight on the untapped investment potential within Nepal’s vibrant economic landscape.

President Dhakal’s voice resonated, setting the stage for an engaging discourse on Nepal’s investment horizon. With a historical legacy as a trade hub and a strategically pivotal location, Nepal emerges as a bridge between major economies, catapulting its appeal for international investors seeking prosperous avenues.

Dr. Ram Kumar Phuyal, a distinguished member of the National Planning Commission Nepal, and Ronald Ho, Regional Director of HKTDC for Southeast Asia and South Asia, lent their voices to this critical conversation, underlining the significance of mutual collaboration.

Central to President Dhakal’s address was Hong Kong’s transformative role in fostering foreign direct investment (FDI) into Nepal, predicated upon sustainable practices and infusion of cutting-edge technology. This dual approach not only fuels economic growth but also sets a precedent for a resilient and progressive business environment.

President Dhakal spotlighted Nepal’s demographic dividend, its abundant untapped natural resources, and the staggering 90% untapped hydropower potential. His clarion call for investments in sectors like energy, food processing, tourism infrastructure, and manufacturing resonated strongly, revealing a diverse landscape of opportunities.

The trajectory of Nepal’s tourism sector came into focus as President Dhakal celebrated the establishment of international airports in Lumbini and Pokhara. These advancements position Nepal to cater to a growing number of visitors from China and Hong Kong, further bolstering the nation’s potential.

In a closing note characterized by collaboration and shared prosperity, President Dhakal extended a heartfelt invitation to Hong Kong, calling for united efforts to usher Nepal into a future defined by economic growth and mutual success.

The seminar encapsulated not only the immense investment potential within Nepal but also the collective commitment of both nations to harness this potential for the greater good.

Fiscal Nepal |
Wednesday August 30, 2023, 10:58:42 AM |

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