Himal Press 
KATHMANDU: Minister for Finance Dr. Prakash Sharan Mahat has invited investors from India and various other countries attending the Vibrant Gujrat Global Summit, 2024, to participate in the Nepal Investment Summit scheduled for April 28 and 29 in Kathmandu.
Addressing the Vibrant Gujarat Global Summit in Gujarat, India, on Wednesday, Dr Mahat said Nepal holds immense potential for investment in energy, tourism, agriculture, and information technology sectors. “Nepal is hosting an investment summit in the last week of April. I would like to invite investors from India and other countries to the summit. I hope your innovative business ideas and investment decisions will be a new milestone for Nepal’s development,” Dr Mahat said in his address, according to his secretariat.
Highlighting significant investment opportunities in Nepal’s energy, tourism, agriculture, information technology, education, production, construction, transport, mines, banking, and financial services sectors, Mahat said the government is committed to facilitating foreign investment in Nepal. Praising the Vibrant Gujarat Development Model initiated by Indian Prime Minister Narendra Modi in 2003, Mahat said the model has influenced countries like Nepal in managing financial resources and addressing economic, social, and environmental challenges.
Stating that Nepal has adopted a liberal, market-oriented economic policy since the early 1990s, Mahat said Nepal is committed to implementing international trade and investment policies.
The 10th Vibrant Gujarat Global Summit, which kicked off on Wednesday, has seen the participation of 34 partner countries and 16 partner organizations, which include a prominent group of world leaders, including Presidents, Prime Ministers, and CEOs of MNCs from many countries, according to the organizers.
