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Investment opportunities in Nepal discussed in Dhaka

  

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"There is an urgent need to strengthen the connectivity between Bangladesh and Nepal for increased trade and tourism between the two countries."

KATHMANDU: Officials of Nepal and Bangladesh have underscored the need to strengthen connectivity so as to enhance economic and commercial engagement between two South Asian neighbours.

While speaking at an interaction organised by Embassy of Nepal in Dhaka on Thursday, Prof. Gowher Rizvi, International Affairs Advisor to the Prime Minister of Bangladesh said, “There is an urgent need to strengthen the connectivity between Bangladesh and Nepal for increased trade and tourism between the two countries.” The programme was entitled as the “Business and Investment opportunities in Nepal”.

Prof. Rizvi lso emphasised the need to move forward the trilateral process of sub-regional cooperation to harness synergies in the sub-region, including hydropower development and transit connectivity.



Participants at a programme entitled “Business and Investment opportunities in Nepal” in Dhaka, on Thursday, June 28, 2013.

Speaking as the key-note speaker, Binod Chaudhary, former President of Nepalese Chamber of Commerce and Industries (FNCCI) and Founder President of Confederation of Nepalese Industries (CNI) highlighted that there exist vast untapped potentials between Nepal and Bangladesh to promote, trade, tourism and investment. He also added that Nepal offers huge potential for investment in hydropower development, infrastructural projects, tourism and hospitality and services.

Ambassador of Nepal to Bangladesh Hari Kumar Shrestha noted that there exists profound goodwill and cooperation between Nepal and Bangladesh, which needs to be translated for tangible benefits to people by enhanced level of economic relations, according to the Nepali Embassy in Dhaka.

Shrestha also stressed that private sector and business community had important role to play to intensify bilateral cooperation by expanding and diversifying trade and commercial relations between the two countries.

On the occasion, former Bangladesh Ambassador to Nepal Humayun Kabir expressed that Nepal, situated between two economic power houses – China and India, has a strong potential to achieve great social and economic progress.

Prominent businessmen and industrialists of Bangladesh attended the interactive programme, including the office bearers and members of Federation of Bangladesh Chamber of Commerce and Industries, Dhaka Chamber of Commerce and Industries, Metropolitan Chamber, International Chamber of Commerce, members of diplomatic corps, and media, the Nepali embassy said.

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