The government has announced to organize the Third Investment Summit on coming April 21-22, next year, in Kathmandu.
According to Finance Minister Dr Prakash Sharan Mahat, preparations are going on to hold the Summit in the stipulated date. A very first meeting of the Summit's steering committee coordinated by the Finance Minister took place today.
Talking to media after the meeting, the Finance Minister said the Summit aims not to only attract foreign investment but also to encourage the mobilization of domestic investment and investment from non-resident Nepali community. "Nepali embassies abroad will be mobilized for facilitating 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.
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