April 17, 2024

Hydro Expo and Investment Summit: Billionaires will come to Nepal?

Two big events are taking place in Nepal in the second and third weeks of the upcoming Baisakh 2081. The Association of Independent Power Producers, Nepal (IPPAN) is organizing the Himalayan Hydro Expo and the Government of Nepal is organizing an investment Summit 2024.

The purpose of organizing both events together is to make the guests who come for the investment conference participate in the Hydro Expo and the guests who come for the Hydro Expo to participate in the investment summit.

The government has already sent invitations to the famous billionaires of the world for the investment conference. Ippan, the organizer of the Hydro Expo, is also preparing to invite potential guests to the investment summit.

A few days ago, the Ministry of Finance has sent invitations to India’s wealthy Adani Group Chairman Gautam Adani, Reliance Industries Chairman Mukesh Ambani, Alibaba founder Jack Ma and Tesla founder Elon Musk to come to the investment summit.

Finance Minister Dr. Prakasharan Mahat had met Adani and Ambani while attending the Vibrant Gujarat Summit a few months ago and invited them to the investment conference. He had met Adani and Ambani separately in the sideline discussions of the summit and asked them to come to the summit.

At that time, Finance Minister Mahat also said that he would send a formal invitation. In the discussion, Adani promised to participate in the summit, while Ambani said that high-level people from his group will participate. The finance minister is very excited about the commitment of Adani and Ambani. When that commitment is fulfilled, IPPAN is ready to show them the project to invest in hydropower.

Jack Ma, the founder of Alibaba, also wants to invest in Nepal. He is making a high-level political visit with Nepal as a top priority.

Elon Musk’s company Space X has also applied to the Nepal Telecommunication Authority asking for a license a few months ago to invest in Nepal’s Internet sector.

If these funds come to Nepal, it is expected that foreign investors from Nepal will increase their inquiries and invest in hydropower, tourism, agriculture, infrastructure and technology.

Read Full Story on BIZMANDU

 

 

# #

सम्पर्क

फाेन: +977-9800000000
ईमेल: example@gmail.com

ठेगाना

सम्पर्क

फाेन: +977-9800000000
ईमेल: example@gmail.com

ठेगाना

नयाँ बानेश्वर, काठमाडाैं, नेपाल
Kathmandu, Nepal

Copyright Reserved by UrjaClips ।। Developed by Nepbrand