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Third Nepal Investment Summit kicks off

Kathmandu: The Nepal Third Investment Summit commences today with the aim of attracting foreign direct investment and launching development projects to boost the country’s economy. 

Prime Minister Pushpa Kamal Dahal ‘Prachanda’ will inaugurate the event, which is expected to draw over 1600 investors from more than 55 countries.

The government is presenting 151 projects for investment opportunities, with the Nepal Investment Board showcasing 23 exhibition stalls providing detailed information on the projects. Also, concept notes will be solicited for 19 projects during the conference.

The two-day summit includes 11 parallel sessions, featuring key sessions on the inauguration day and opportunities for investors to interact with Prime Minister Dahal and Finance Minister Barsha Man Pun.

The private sector, considered a vital partner in economic development, is co-organizing the event. Notable international figures such as Indian Minister for Commerce and Industry Piyush Goyal, UNCTAD Secretary General Rebeca Grynspan, and others are scheduled to address the summit.

Former Prime Minister Sher Bahadur Deuba, Finance Minister Barsha Man Pun, and leaders of the Nepali business community will also participate in the event.