Why Nepal lags?
Nepal, Feb. 19 -- Attracting foreign investors to Nepal will require a mapping out of competitive edge over other countries that compete with Nepal for the foreign money
Government of Nepal has started soliciting investment money from foreign groups by inviting potential investors-foreign as well as domestic-to periodic Investment Summits. The first such summit took place in March 2017 and the second one is planned next month in March.
The experience from the first Summit has been disappointing but the response was not that disappointing-some $14.5 billion was pledged by 40 investors coming from 26 countries. But the latest assessment of the Summit results show less than $1 billion worth of investment under serious consideration of whic...
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