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9 outcomes mr maha prasad adhikari


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Presentation by Mr Maha Prasad Adhikari, CEO, Office of the Investment Board Nepal

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9 outcomes mr maha prasad adhikari

  1. 1. OUTCOMES OF NIS2019 Maha Prasad Adhikari Chief Executive Officer Office of the Investment Board Nepal (OIBN)
  2. 2. PARTICIPATION 300+ Foreign Companies 40 Foreign Countries 600+ Domestic Participants 100+ Domestic Companies 735+ Foreign Delegates
  3. 3. SYNOPSIS OF NIS2019 • Inaugurated by Rt. Hon'ble Prime Minister and addresses by prominent leaders from business communities and multilateral lending agencies • Four plenary sessions that: • brought in-depth discussions on policies and investment opportunities in Nepal • shared national and international experiences related to FDI investment in Nepal • talked about the prospects of financing in infrastructure projects in Nepal • Six sectoral parallel sessions, that included Energy, ICT, Tourism, Industries, Agriculture and Transport Infrastructure
  4. 4. SYNOPSIS OF NIS2019 • Also featured a number of sideline events that included • Business climate • Future of Venture Capital in Nepal • Women in Entrepreneurship • Round-table meeting on "Making Investment Happen In Nepal" • 36 Bilateral Meetings with Rt. Hon'ble Prime Minister and Hon. Ministers • More than 39 B2G Meetings • More than 30 B2B Meetings
  5. 5. MAJOR OUTCOMES • Potential investors were briefed about domestic as well as cross-border and global markets for Nepali products and services • Potential investors have been apprised of potential and investible FDI projects in Nepal in different sectors. • Interested investors have been made aware of incentives and policy reforms that Nepal has undertaken to create conducive investment environment for foreign investment
  6. 6. DEALS 15 Deals/MoUs 1. Signing of a JVA between Chaudhary Group and Sharaf Group for the development of Multi-model Logistics Park 2. Signing of a JVA between Chaudhary Group and Skypower for the development of 600MW utility-scale solar PV projects in Nepal 3. Signing of a JVA between CG LifeCell and Turkcell for 5G Mobile Network Service 4. Signing of MoU between the Chief Minister's Office of Province 2 and CG Infrastructure Pvt. Ltd for the development of Solar Photovoltaic Energy 5. Signing of Commitment Letter for Financing of 900 MW Arun-3 Hydro Power Project 6. Signing of a Joint Development Agreement between Yunnan Xinhua Water Conservancy and Hydropower Investment Co. Ltd, Hydro Solutions Group and Shanghai Investigation, Design and Research Institute Co. Ltd. for the development of 164 MW Kaligandaki Gorge Hydropower Project 7. Signing of an Agreement between Investment Board Nepal (IBN), International Finance Corporation (IFC) and Special Economic Zone (SEZ) Authority for the development of Simara SEZ on PPP
  7. 7. DEALS 15 Deals/MoUs 8. Signing of an agreement between Sincere Consulting Company Ltd and Resources Himalaya Boutique Village Resort Pvt. Ltd. for the development of Himalaya Boutique Village Resort (Banepa) Cozy Resort, South Asian Herbal Detoxication SPA, Time Sharing Villas, Open Zoo, Adventurous Sports in Nepal 9. Signing of a MoU for Setting up of Rs. 10 billion Fund by NRNA 10. Signing of a JVA between National Collateral Management Services Ltd and Nepal Warehouse Company Limited for the development of a Grain Ware House 11. Signing of MoU between Federation of Contractors’ Associations of Nepal (FCAN) and Myanmar Licenced Contractors’ Association (MLCA) for infrastructure development Cooperation 12. Announcement of a Financial Closure of 650 Million USD for the development of 216 MW Upper Trishuli - 1 Hydropower Project by Korean Investor (KOSEP) 13. Announcement of NPR 39.90 Crore Investment by Muthoot Finance, India in United Finance Limited in Nepal 14. Signing of MoU for Mutual Cooperation between Investment Board Nepal and Investment Board, South Africa 15. Signing of MoU between Api Power Company Limited Nepal and Kandel Group of Companies, UK for the development of Energy Projects in Nepal
  8. 8. PROJECT APPLICATIONS 17 Applications Project Applications Nijgadh International Airport 2 Tamor Hydropower 2 West Seti Hydropower 1 Kathmandu BRT 1 Kathmandu Outer Ringroad 2 Integrated Agriculture – Urlabari 1 Integrated Agriculture – Banepa and Chitwan 1 Integrated Agriculture – Hemja 1 Dhulikhel Medicity 1 International Convention Center 2 Logistics Bulk Terminal (Unsolicited) 1 550MW Solar Project (Unsolicited) 1
  9. 9. COMMITMENTS The government will • further deepen policy reforms • bring more potential and investible projects, covering additional sectors • set up a robust follow-up mechanism • widen domestic and foreign markets for export of goods and services • take the deals signed today to implementation • soon start processing the applications received in NIS 2019