Nepal Investment Summit 2019

Nepal Investment Summit 2019: ‘Nepal has high potential in emerging market for infrastructure development’

Published On: March 28, 2019 06:46 PM NPT By: Mahabir Paudyal


KATHMANDU, March 28: Investors have said that Nepal has high potential in an emerging market for infrastructure development. Speaking with Mahabir Paudyal, one of the participants of the summit, Dr Shahzad Nasim, Group Executive Chairman of Singapore-based Meinhardt Group International, said that Nepal, in particular, Kathmandu would catch up like other cities of South Asia in the infrastructure developments if the country will be ready to welcome the mega-investor for the development of the infrastructures.

Stating that investors go to a place where money could be made, he said that the summit is the first good starting point to convince the investors by providing the facilities from the government to the investors to make the projects more feasible.

Giving the example of Singapore, Dr Nasim said that Nepal should capitalize on the location as it lies in geo-strategically important location between two economic giants.

 


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