Kathmandu - Qatari investors are looking for investment opportunities in Nepal. There is significant interest from Qatari investors in Nepal's IT sector, pharmaceutical industry, banking and financial services, hydropower and tourism.
"Investors
here are looking for investment opportunities in Nepal," said Khalifa bin
Jassim bin Mohammed Al-Thani, Chairman of the Qatar Chamber of Commerce.
"We will encourage more investors."
In
the first meeting of the Nepal-Qatar Business Council held in Doha, the capital
of Qatar, on Wednesday, between Chairman Thani and a delegation of Federation
of Nepalese Chambers of Commerce and Industry led by its President Chandra
Prasad Dhakal, discussions were held on expanding economic relations.
During
the state visit of Qatari Emir Tamim bin Hamad bin Khalifa Al Thani to Nepal on
April 23 and 24, an agreement was signed to establish a Business Council
between the FNCCI and the Qatar Chamber.
In
the first-ever meeting at the chairman level of the Council, FNCCI President
Dhakal and Qatar Chamber Chairman Thani agreed to appoint members under their
respective leadership to complete the Council soon. Dhakal also proposed
organising a Qatar-Nepal Business Summit in Nepal. There was an agreement in
the meeting to organise the programme next year.
During
the meeting, FNCCI President Dhakal stated that Nepal has external sector
stability and that the reforms made in the laws have created investment
opportunities. He also invited Qatari investors to invest in hydropower,
tourism, information technology, and skill development in Nepal, where there
are ample opportunities. Similarly, Dhakal also participated as a
representative of the private sector of Nepal in the Asian Cooperation Dialogue
organised by the Qatari government.