According to officials, the delegation inlcuding Cheng Huihong, chairman of International Enterprise Management and Investment Association, Ji Kaiping, president of Beijing Kaiping Real Estate and Tourism Investment Group, Cui Hao, board in chief of Hong Kong Hua Xia Er NV Investment Group also met with Prime Minister Babu Ram Bhattrai on Wednesday and discussed investment prospects in Nepal.[break]
"The 15-member delegation from China is pretty eager to invest in Nepal," said Radhesh Pant, CEO of the Investment Board. He added during his discussion with the team, the Chinese investors expressed interest to invest in Lumbini in order to develop it as a major tourist destination.
During discussions, the Chinese investors said they had own priority areas of intvestment. Besides big projects, they showed interest to invest in hotels, food productions, tea trading, cement factory, pharmaceutical industry and restaurants.
"They also explored the possibility of making investments in food production industries and exporting the products to India," Pant told Republica.
The delegation during the discussions had projected themselves as a group of serious investors from China. They are even leaving for Lumbini on Friday to get the first hand information on the prospect of investment there.
The Chinese delegates also expressed happiness on the recent political development. "They are very positive in terms of bringing investment in Nepal," said Pant.
Related story
Cooperation for trade
-1772436151.webp)
