Press Release
The Embassy of Nepal in Beijing organized Pre-Summit Conference on Nepal Investment Summit 2019 in Beijing on 25 February 2019. The participants in the Pre-Summit Conference included more than 120 representatives from Chinese business enterprises, government agencies, universities and the media.
In his welcome speech, Ambassador of Nepal to the People’s Republic of China, Leela Mani Paudyal called on Chinese companies to tap Nepal’s huge potentials in infrastructure, hydropower, tourism, agriculture and ICT sectors. He pointed out that Nepal’s enormous natural and human resources coupled with political stability, and excellent bilateral relations between the two countries make it the best time for Chinese investors to invest in Nepal.
CEO of Investment Board of Nepal Mr. Maha Prasad Adhikari made a presentation on investment opportunities in Nepal, as well as on policy, institutional and procedural reforms initiated by the Government of Nepal for attracting foreign investments. He invited Chinese investors to participate in Nepal Investment Summit being held in Nepal on 29-30 March 2019 and utilize the opportunities available at the Summit.
Representatives from ZTE Corporation and Power China, two leading Chinese investors in Nepal, shared their experiences, and encouraged more Chinese companies to take advantage of the attractive investment opportunities available in the country. A Question and Answer session was held at the end of the Conference, where Ambassador Paudyal and CEO Adhikari answered questions from the media and addressed the concerns raised by representatives of business enterprises.
On 26 February 2019, CEO Mr. Maha Prasad Adhikari met with President of AIIB, Mr. Jin Liqun at the Bank’s Headquarters in Beijing. CEO Adhikari briefed Chairman Jin on the upcoming Nepal Investment Summit, and expressed the confidence that AIIB’s support will be crucial in Nepal’s socio-economic development. Chairman Jin assured that AIIB would continue to lend its full support to Nepal’s development endeavors. He also shared that there would be senior level representation from AIIB in Nepal Investment Summit being held in March.
Embassy of Nepal
Beijing
26 February 2019
