Nepal-Korea Infra Biz Night 2024 held in Kathmandu

By A Staff Reporter,Kathmandu, Sept. 16: The Embassy of the Republic of Korea (RoK) organised the 2024 Nepal-Korean Infra Biz Night in Kathmandu on Saturday to commemorate the 50th Anniversary of Diplomatic Relations between the Republic of Korea and Nepal.

Minister for Physical Infrastructure and Transport Devendra Dahal extended his congratulatory message on the 50th Anniversary of the establishment of diplomatic relations between Nepal and the Republic of Korea. 

He pointed out that over the past 50 years since the establishment of diplomatic relations, both countries have always respected and trusted each other as a good neighbour and friendly coexistence and mutually beneficial cooperation in various fields that have yielded positive results. 

He asked the government of Korea for a long-term soft loan rather than a grant for prosperous Nepal and graduation from the least developed country.   

Ambassador of the RoK to Nepal Park Taeyoung said that the 2024 Nepal-Korea Infra Biz Night would create new opportunities for both Nepali and Korean investors. 

He said that the Korean companies are equipped with world-class expertise and are ready to take part in more projects and improve capacity-building initiatives in Nepal. 

As usual, a large number of Korean and Nepalis business people, media personnel, and senior government officials attended the programme. 

Ambassador Park said that the role of private-to-private partnership between Nepal and Korea has been an effective way to spear ahead in many challenges in infrastructure sector of Nepal. 

He asked for support in business promotion and cooperation from NKCCI to further promote Korean companies' investment in Nepal and to build a network between the entrepreneurs of the two countries.