The third Nepal Investment Summit (NIS) is starting from today. Organized by the government, the summit will span two days (28th April- 29th April). Over 1,600 investors confirmed from 55 countries, including 385 domestic investors, are participating in the summit.

According to the Nepal Investment Board, a total of 150 projects will be showcased during the summit, covering various sectors such as energy, transportation, tourism, and health. These projects, with a combined worth of $9 billion, are expected to garner keen interest from potential investors.

The summit will feature more than six sessions, highlighting investment opportunities and facilitating discussions between investors and project proponents. A total of 119 projects from the union, state, and local levels, along with 31 projects from the private sector, will be presented to attendees.

The summit will also witness discussions on policy amendments aimed at enhancing the investment environment in Nepal. The government has proposed amendments to several acts related to investment facilitation, signaling its commitment to creating a more investor-friendly climate.

Finance Minister Barshman Pun expressed optimism about the summit’s outcomes, emphasizing the importance of fostering a conducive environment for investment.