Nepal’s Economic Transformation – Seizing Investment Opportunities

In light of the evolving economic and industry conditions, Frost & Sullivan’s Emerging Market Innovation team hosted an online briefing/webinar titled ‘Nepal’s Economic Transformation- Seizing Investment Opportunities’. A panel of experts provided commentary on the country’s changing economic scenario, evolving policy conditions and industry specific investment opportunities. The expert panel of presenters for this briefing comprised of Prerna Mohan, Associate Director, Strategic Planning and Implementation, Emerging Market Innovation, Frost & Sullivan; Dipendra Nath Sharma, Secretary, Ministry of Urban Development; Shiba Raj Shrestha, Deputy Governor, Nepal Rastra Bank; and Anuj Agrawal, Executive Director, Vishal Group, Vice President, Confederation of Nepalese Industries’. The panelists spoke on infrastructure development, FDI, financial policies, government’s initiatives to attract FDI and Nepal’s overall progress in development regarding FDI, industry and infrastructure. They recommended that policies have to be dynamic in the sense that it needs to accommodate the needs of the rapidly changing market. The program highlighted the performance of large FDI projects such as Unilever, Dabur, Axiata, Standard Chartered, SBI and the opportunities the country holds given the improved economic and political scenario.