Seminar on investment opportunities in Nepal organized in Ahmedabad

Published On: March 14, 2019 07:43 PM NPT By: Republica  | @RepublicaNepal

KATHMANDU, Mar 14: A seminar was held to invite potential investors from India. The Embassy of Nepal in New Delhi organized the ‘Seminar on Trade, Tourism and Investment Opportunities in Nepal’ in Ahmedabad, Gujarat in partnership with Gujarat Chamber of Commerce & Industries (GCCI). The main objective of the seminar was to invite potential investors from Gujarat, in particular, and to acquaint them with the investment-friendly governance of Nepal; one door policy of Nepal for an investor; recent improvements and amendments in the legal and administrative arrangements.

Presenting the paper on the theme, Economic Counselor at the Nepal Embassy in India Krishna Hari Pushkar gave the details of the upcoming Nepal Investment Summit (NIS) 2019, highlighted the potentialities of investment, trade and tourism in Nepal. He informed the gathering about the positive political and legal changes in Nepal, which is quite conducive and friendly for investment, trade and tourism. Presenting the investment motivations, he also urged the potential investors to harness the facilities and enjoy the special privileges related to preferential treatment that Nepali goods and products have been getting in major regional and international markets.

The program focused on promoting Visit Nepal Year, 2020 by requesting investors to invest in tourism infrastructure of Nepal to meet the tourist target of Nepal i.e. 2 million by 2020.

The program urged Indian tourists to visit their closest neighbor-Nepal because one could not know the world without exploring their own neighbor and highlighted the major sacred pilgrims- the ‘Ramayana Circuit’, ‘Buddha Circuit’ and ‘Hindu Circuit’ as religious tourism between two countries.

The positive role and scope of Nepali Embassy in New Delhi in facilitating the interested investors, businesspersons and tourists in their respective field were highlighted.

Dignitaries from GCCI and representatives from various Gujarat based organizations promised to support to meet the tourist target set by Government of Nepal by 2020, and promised to send delegations to participate in the Nepal Investment Summit, 2019. They also informed that one team of tour operators would be visiting Nepal shortly in order to explore tourism potentialities in Nepal.

Many participants stressed the urgent need of direct air connectivity between Nepal and Gujarat and said it would contribute enormously not only in tourism also in promoting business and investment.



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