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Nepal Charge d'ffairs invites Indian investors to reap dividends from opportunities in Nepal

Jun 28, 2018

Thiruvananthapuram, 28 June 2018: Mr. Bharat Kumar Regmi, Charge d'Affaires, Embassy of Nepal today said that there are ample and ready to tap opportunities for investment and cooperation for the Indian companies in the tourism sector in Nepal. He invited Indian investors to invest in the country and reap rich dividends.


He was speaking at a seminar Tourism on Nepal' organized by FICCI and the Embassy of Nepal in New Delhi.


He further added that the year 2018 is a year of new beginnings in Nepal after successful conclusion of three tiers of elections, paving the way for political stability and good governance. Highlighting the Government's policy of attracting foreign investment, he called on Indian companies and entrepreneurs to utilize the opportunity of investing in Nepal by taking full advantage of its enormous possibilities and the country���s favorable industrial and investment policies.


Mr. Babu Ram Sigdyal, Second Secretary, Embassy of Nepal made a detailed presentation on the tourism sector in Nepal highlighting the tourism opportunities, prospects and benefits of developing mutual packages for tourists from both the countries. He also urged the business community to invest in Nepal while describing the Government's support and facilitation measures to boost the business relations mentioning competitive advantages available particularly in sectors like adventure tourism. He reiterated that the Government of Nepal and the private sector work well in tandem. Through sustainable economic development, Nepal is working towards political stability, peace building, trade facilitation and economic capacity building.


Ms. Rani George, Secretary, Department of Tourism, Government of Kerala highlighted the importance of Indo-Nepal relationship, saying that the economic cooperation can bring people of the two countries even closer. She emphasized the importance of setting-up a cultural exchange program between Nepal and Kerala. Ms. George was of the view that the cultural events of Nepal should be held in Kerala and similarly the culture of Kerala should be showcased in Nepal. She added that the recently formed Government in Nepal is engaged in the task of political and socio-economic transformation of the country through peaceful and democratic means to make it a stable, inclusive, full-fledged democratic and prosperous country.


Mr. Baby Mathew, Senior Member, FICCI KESC Tourism Committee and President, Kerala Travel Mart Society and Chairman & Managing Director, Somatheeram Ayurvedic Beach Resort Pvt. Ltd.; Dr. Biju Ramesh, Chairman, The Kerala Chamber of Commerce and Industry and Chairman & Managing Director, Rajadhani Group of Companies; Mr. S. N. Raghuchandran Nair, President, Trivandrum Chamber of Commerce and Industry and Managing Director, SI Property Kerala Pvt. Ltd.; Mr. E. M. Najeeb, Senior Vice President, Indian Association of Tour Operators (IATO) and Chairman & Managing Director, ATE Group of Companies; and Mr. U. C. Riyaz, Member, FICCI KESC Tourism Committee & Managing Director, Spice Land Holidays & Entertainments Pvt. Ltd. were the other dignitaries who attended the seminar.


More than hundred participants including representatives from the Embassy of Nepal in New Delhi and public and private sector companies of India, as well as media persons participated in the event.

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