KATHMANDU, NOVEMBER 26
The government has announced its plans to organize the Third Investment Summit on April 21-22 in Kathmandu.
According to Finance Minister Dr. Prakash Sharan Mahat, preparations are underway to hold the Summit on the specified date. The first meeting of the Summit's steering committee, coordinated by the Finance Minister, took place today.
Speaking to the media after the meeting, the Finance Minister emphasized that the Summit aims not only to attract foreign investment but also to encourage the mobilization of domestic investment and investment from the non-resident Nepali community. He added that Nepali embassies abroad would be mobilized to facilitate the hosting of the Summit.
Two committees have been formed in preparation for the Summit: an implementation committee led by the Chief Secretary and a technical committee led by the Secretary at the Ministry of Industry, Commerce, and Supplies. The Summit's Secretariat will be located at the Office of the Investment Board.
During the meeting, the Minister directed the concerned authorities to make preparations for identifying the 'projects of showcase' to be highlighted during the Summit.
