Investment Summit: 77 projects to be showcased

Kathmandu, March 27. The government is to showcase 77 projects at the international investment summit to be held on March 29 and 30 in the capital. Of them, 50 are from the government side and 27 on behalf of the private sector.

Meanwhile, all preparations for the summit have been completed, according to the Investment Board of Nepal. The meeting of the IBN held at the Office of the Prime Minister and Council of Ministers this evening also decided to accord high level hospitality to the delegates to the Summit.

More than 600 delegates are expected to arrive for the Summit from various countries in Kathmandu.

Non-resident Nepalis are also taking part in the summit, according to CEO of the Board Maha Prasad Adhikari. Along with foreign investors, representatives from the World Bank, Asian Development Bank and International Monetary Fund are also coming to the Summit.

Majority of the guests are expected to arrive Kathmandu by Thursday.

Taking to media persons following the meeting, Finance Minister Dr Yubaraj Khatiwada said memorandum of understanding will be signed on a dozen of projects during the summit.