Kathmandu, April 28: The Third
Investment Summit is beginning today. It is being organized to bring in foreign
direct investment and launch development projects for the country's economic
progress.
The government is dangling 151
projects. The event to be inaugurated by Prime Minister Pushpa Kamal Dahal
'Prachanda' will be attended by over 1600 investors from 55 plus
countries.
Nepal Investment Board has informed
that there will be 23 exhibition stalls along with detailed information on the
projects in the conference. Similarly, concept notes would be called for 19
projects.
The two-day international event
features 11 parallel sessions on Monday. The first day witnesses inauguration
session and two major sessions.
The investors will be provided
opportunities to interact with PM Dahal and Finance Minister Barsha Man Pun in
course of the summit.
Private sector, partner of economic
development, is the co-organizer of the event.
Several noted international figures
including Indian Minister for Commerce and Industry, Piyush Goyal; State
Minister for UK Asia Pacific Affairs, Anne-Marie Trevelyan; Minister of State
for Development and Africa, Andrew Mitchell; UNCTAD Secretary General Rebeca
Grynspan; Chairman of China International Development Cooperation Agency, Luo
Zhaohui are addressing the summit.
Similarly, Vice President Chair of
ADB, Yingming Yang; Acting Vice Chair of Asian Infrastructures Investment Bank,
Rajit Mishra; Indian Ambassador to Nepal, Naveen Shreevastav; Executive
Director of ITC India, Supratim Datta, and Senior Vice Chair of US Chamber of
Commerce, Atul Keshap, also in the list to address it.
The event will also be addressed by
former Prime Minister and major opposition leader Sher Bahadur Deuba, Finance
Minister and summit convention committee director, Barsha Man Pun, and leaders
of Nepali business community. (RSS)