Exhibitions are globally recognised as powerful platforms for trade promotion, innovation, business networking and tourism. However, in Nepal, the absence of well-equipped exhibition and convention centres has emerged as a major structural bottleneck, limiting not only business growth but also the country’s potential in Meetings, Incentives, Conferences and Exhibitions (MICE) tourism. Despite the growing number of trade fairs, product expos and international forums organised by the private sector, the country still relies almost entirely on a single, government-owned venue, the Bhrikuti Mandap Exhibition Hall, whose deteriorating condition and limited capacity have become a major obstacle to exhibitions, conventions and MICE tourism.