The Government of Nepal is organizing "Nepal Investment Summit 2019" on March 29 -30 in Kathmandu.
Briefing Media persons about the summit in Kathmandu today, Nepal's Finance Minister Dr. Yuba Raj Khatiwada said, the main objective of the event is to project Nepal as a favourable investment destination.
He said that summit will unveil potential opportunities for investment in various sectors in Nepal including Hydropower, Tourism, Infrastructure, Industry, Transport, Agriculture and Information and Communication
Technology.
Dr. Khatiwada said this unique forum will also be utilized to unfold a range of policy reforms and legal initiatives taken by the Government to attract investors.
77 projects worth 31.93 billion dollars in various sectors will be showcased and 12 Memorandum of Understandings (MoUs) will be signed during the summit. Prime Minister KP Sharma Oli will inaugurate the summit on Friday.
Over 600 investors and delegates from 40 countries including India will participate in two-day event.