Nepal | August 12, 2020

Entrepreneurs say Nepal virgin land for business opportunity

Himalayan News Service
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Kathmandu, September 21

Ace International Business School (Ace IBS) organised a panel discussion programme today under the title ‘Doing Business in Nepal: Opportunities and Challenges’.

The discussion was organised with an aim to create an insightful learning experience for the students by offering them an opportunity to listen to industry insights from renowned experts.

The panel discussion was participated by the MBA students and faculty members of Ace IBS and renowned personalities from the corporate sector of the country.

Meanwhile, owner of Navaras Pickles, Kitchen Recipe and Achar Ghar Hajuri Bista; Chairman of Sakya Group Yogendra Sakya; Director of Him Electronics Seema Golchha; Chairman of CE Construction Bijay Rajbhandari and Co-owner of Bodhi Books and Bakes Jagannanth Lamichhane were the panellists at the discussion event.

During the discussion, the panellists shared their insights and experiences of the prevalent status of doing business or being an entrepreneur in Nepal and the various challenges that they have faced during their journey to entrepreneurship.

During the panel discussion, all the panellists requested students to create an opportunity instead of waiting for one. “Nepal is still a virgin land. And it is still in an infant stage of industry and business. Hence, young people of the country have to grab that opportunity to stand as an entrepreneur,” said Sakya. He further said that the young generation of the country is going abroad seeking better opportunities, however the fact is that Nepal is like a raw dough and the youth can bake it the way they want.

Likewise, Rajbhandari highlighted the importance of education, experience and exposure to become a successful entrepreneur. “Indeed our country has lots of challenges, including policy and financial, however be determined to overcome them,” he said. “If we could reach this height then surely there are more better opportunities for the new generation.

Let not any financial or policy level limitations affect any business.”

Meanwhile, Golchha highlighted the struggles that women have to face to become an entrepreneur by handling the family and business at the same time. Bista shared her experience of starting her business at the age of 39 and becoming a successful entrepreneur.


A version of this article appears in print on September 22, 2019 of The Himalayan Times.


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