Nepal Investment Summit, held on March 29-30, concluded with the signing of 15 MoUs with and among various investors in addition to investment commitments to 17 projects. Most of the MoUs are for joint venture agreements between/among private companies and government agencies. The government received applications for over a dozen projects from both foreign and domestic investors. While the government showcased 77 projects at the Summit, it was able to draw application for investments for only 17 projects.
According to Investment Board Nepal (IBN), a total of 735 delegates from 40 countries representing 300 companies, in addition to 600 domestic participants from over 100 companies, took part in the Summit.