In front of more than 2,200 representatives from more than 50 countries, both the ruling party and opposition parties of Nepal jointly said that Nepal is an attractive destination for international investment, mentioning the creation of an investment-friendly environment in the country.

On Sunday, on the first day of the Third International Investment Conference-2024, they addressed the investors from different regions of the world and mentioned that the investment environment in Nepal is easy. In addition, investors have also been called upon to mobilize their capital in Nepal. Foreign investors have been urged to invest in Nepal by conveying a positive message. 

Speaking at the opening session, Prime Minister Pushpa Kamal Dahal said that Nepal is fully committed to liberal economic policy. He said, 'Investment friendly environment has been created in Nepal.' He asserted that Nepal is constantly moving forward to create a comfortable environment for investors, industrialists, innovators and businessmen. 

Referring to the recently amended eight laws related to business and investment, Dahal added, 'I believe, this will increase the confidence of investors investing in Nepal.' The eight revised ordinance laws sent by the Council of Ministers were approved by President Ramchandra Paudel. Dahal noted that the federal system of government ensures a balanced development approach that promotes nationwide social and economic transformation. 

'Nepal offers many incentives to foreign investors, including a strong regulatory framework, double taxation avoidance, protection of intellectual property rights, competitive corporate tax,' Prime Minister Dahal said, 'The Nepal government recently approved the framework of the bilateral investment agreement and aims to protect and promote it. He made it clear that direct foreign investors and national investors will not be treated in any discriminatory manner and that they will be able to repatriate profits in foreign currency.

Chairman of the main opposition party Congress and former Prime Minister Sher Bahadur Deuba said that Nepal's investment system is now liberal in terms of open areas for foreign investment, tax policy and return of income. He informed that Nepal is protected by foreign investment laws and various international treaties to which Nepal is a party and mentioned that the government is willing to enter into bilateral investment protection agreements with various countries to promote Nepal as an attractive investment destination. 

He said that there are areas for investment such as agriculture, tourism, infrastructure development, mining and minerals, production, hydropower and information technology. Deuba opined that various cooperation and partnerships that will be exchanged during the investment conference and the summit will pave the way for more investment flow in Nepal. 

Finance Minister Varshman Pun said that the success and profit achieved by foreign investors who are currently investing in Nepal also confirms that Nepal is an excellent destination for investment. "We have made various policy reforms with the aim of improving the business environment and increasing the confidence of investors," Minister Pun said. This process will be continued in the coming days as well. He said that domestic investment and market alone are not enough to achieve the goal of high economic growth, so Nepal has emphasized on promoting foreign investment. Sushil Bhatt, CEO of

board, called on the private sector for investment and told all the partners that they will continue to help in creating an investment-friendly environment. Laws have been amended to facilitate investment. The investment conference is ending on Monday. 

During the opening of the investment conference, the private sector umbrella organizations of Nepal informed the international community that the country has an investment-friendly environment. They urged investors from all over the world to invest in Nepal. Chandra Prasad Dhakal, President of Federation of Nepal Chamber of Commerce and Industry, mentioned that Nepal is becoming a comfortable environment for investment and called upon investors from all over the world to invest here. He pointed out that foreign direct investment is necessary not only to bring capital and technology into the country, but also to increase revenue, create jobs and increase production to advance the country on the journey of economic development and prosperity. He said that Nepal can become a new investment destination. "Due to its strategic location, Nepal will be able to benefit from the market, tourism and development of China and India, which are the largest economies in the world," he said.

  Nepal Industry Confederation President Rajesh Kumar Agarwal said that due to abundant natural resources, cultural diversity and strategic location, sustainable returns of investment can be achieved in Nepal. He said that Nepal has potential areas for investment from tourism to technology, infrastructure development to renewable energy, education to health protection. He also asserted that there is a lot of potential for investment in Nepal and said, 'Let's transform job creation, infrastructure development, and social-economic progress into tangible investment through this conference.' He argued that China is the best destination in the world for reasons including the consumer market. "There is data that 57 percent of the population is in active labor in Nepal, the labor cost is also very cheap," he said, "the goods produced here can be delivered to the markets of India and China, which have a population of about 3 billion." The speakers of 'Search for investment opportunities' have also said that domestic and foreign investors will be made to invest with confidence and ease in case of policy difficulties. In the session on 'Success Stories of Investment in Nepal' held at the conference, domestic and foreign investors and businessmen said that Nepal has an investment-friendly environment with abundant potential. 

The international community has urged investors from all over the world to come to Nepal, stating that there is an investment opportunity in Nepal. Indian Commerce and Industry Minister Piyush Goyal said that India is a reliable partner in Nepal's development journey. Addressing the conference through video, he mentioned that Nepal is an important member of India's Neighborhood First Policy. He also said that India is helping Nepal in hydro and connectivity. He said, "We work together in investment and business." I call upon the investors of India and the world to invest in Nepal and take advantage of the opportunity. Indian Ambassador Naveen Srivastava said that India is the country that invests the most directly in Nepal. 

Luo Zhaohui, the head of China International Development Corporation Agency (CIDCA), said that he will encourage the Chinese to invest in Nepal. He said, "In the current geopolitical challenge, there is a need for investment for development in Nepal." He mentioned that during the visit of President Xi Jinping to Nepal in October 2019, there was cooperation between the Himalayas and cross-connectivity and said that China is ready to work hand-in-hand and shoulder-to-shoulder with Nepali. China's ambassador to Nepal Chhan Song said that the relationship between Nepal and China has existed since history and said, "China has supported Nepal in the economic and social fields." He also said that Nepal is about to start a new journey in the field of economic and development. 

Similarly, American Ambassador Dean R. Thompson said the United States is ready to partner with the Nepalese government and the private sector. He said, "America has been promoting the economic growth of Nepal. And, is committed to the economic future of Nepal.' Thompson said that the US is also ready to help with more projects focused on women and marginalized communities in Nepal. He said that America is helping to develop Nepal's high-tech sector by improving access to Nepal's private sector in financial services and business development services and improving the business environment, promoting a stronger and more productive agricultural sector.

America's Assistant Secretary of State for South and Central Asia, Donald Lu, in a video address, mentioned that Nepal will be supported to rise from a less developed country from 2026. Likewise, Alice Albright, Chief Executive Officer of Millennium Challenge Corporation (MCC), said that work is being done on clean energy and transport and road infrastructure in Nepal under the MCC project. Likewise, Samantha Power, administrator of the American Assistance Mission USAID, also addressed through video and discussed that various areas of Nepal are important places for investment. 

Similarly, Ben Mellor, regional director of the UK Foreign, Commonwealth and Development Office, mentioned that the Nepal government has implemented important economic reforms through laws and ordinances, and said that it will make it easier to invest in Nepal. He said, 'I appreciate these efforts and encourage swift implementation to secure and ensure the necessary investment in Nepal.' She also said that she could. He also clarified that the investment conference has led them on the way to raise local and foreign direct investment, upgrade infrastructure, use hydropower, expand large businesses and create a market where small and medium industries can also flourish.

British Development Ministers Andrew Mitchell and Vane Marie Trevelyan also addressed via video and stressed the importance of investment in Nepal and made it clear that the UK would provide necessary support. 

Similarly, United Nations (UN) Resident Coordinator in Nepal Hana Singer Hamdi said that the world should also be with the Nepali people while mentioning that Hamdi is with the Nepali people. She said that in 2026, when Nepal is preparing for upgrading from a less developed country, the UN Investment Board will continue to help increase the flow of sustainable investment with Nepal and related ministries. She said, 'We will continue to support the development of a strong commercial economy with a vision of sustainable, inclusive and green economy.' (Expression of Interest) is requested. In the conference, letters of intent have been requested for Pokhara International Convention and Exhibition Center Project, Chandragiri-Chitlang-Palung-Chitwan Expressway Project, Janki Heritage Hotel and Cultural Village Project, Dhulikhel Medicity Project.  According to the

board, letters of intent have also been requested for the Far West Public Transport Project, Babar Mahal Administrative Plaza Project, Daiji Industrial Area Development and Gautam Buddha Maternity Hospital. Letter of Intent has been requested for Naumure Multi-Purpose Hydropower Project with 281.04 MW capacity, Kaligandaki-2 Reservoir Hydropower Project with 650 MW capacity, Khimti Tose Reservoir Hydropower Project with 1216 MW capacity and Bharbhung Reservoir Hydropower Project with 337.1 MW capacity. Domestic and foreign investors and businessmen will have to express their intention by June 2.

 More than 150 projects have been placed in the third investment conference. Pradyuman Upadhyay, the spokesperson of the board, said that more than 2200 people, both domestic and foreign, participated in the conference. In the first investment conference - 2017, 14.5 trillion investment intentions were expressed, 3.35 billion 47 million was received. In the second investment conference-2019, 17 billion rupees were pledged, 1.18 billion rupees have been received, and projects worth 90 billion rupees are being implemented.  Two MoUs signed at

conference A memorandum of understanding has been signed between Chaudhary Group's BLC Holdings and Yotta Data Services India for the construction and operation of a data center at

conference. BLC Holdings representative Megha Chaudhary and Yotta CEO Sunil Gupta signed the MoU. An agreement has been reached for the construction of Trustee's data center, cloud service and artificial intelligence platform in Nepal. In the conference, an agreement was reached between Federation of Nepal Chamber of Commerce and Industry and National Chamber of Commerce and Industry, Malaysia to promote trade and investment. The federation of the federation Chandra Prasad Dhakal and Normal Chamber of Moles, Chairman of the National Chamber of Malers and the Industrian of the Industry of Malaysi Signing the Third Signy. & NBSP;

ISAGE ISADED ISADE & NBSP;

Dhulikhel Hosporm-Breaky Public Trade Development

-Break-Break-Break-Palung-Chitwan Express-BREAK Janaki Heritage Hotel End The Cultural Village Santi-BREAK Pokhara Dharmi-BREAK Rajaatta Hydropower