Nepal could be a prime destination for Chinese investment and tourism
KATHMANDU: Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President Chandra Prasad Dhakal and Chinese Ambassador to Nepal, Chen Song, held a meeting on Tuesday.
In the meeting held at the FNCCI Secretariat, President Dhakal drew the attention of the Chinese envoy towards the prospect of Nepal becoming a major destination for Chinese investment and tourism, according to a press statement issued by FNCCI. Dhakal said Nepal's manufacturing sector, energy and tourism infrastructures sectors among others had good prospects for foreign investment.
Emphasizing direct flights to all international airports of Nepal from China's major cities for tourism promotion, he urged the Chinese ambassador to consider Nepal as a priority in the list of major destinations for Chinese tourists.
Glad to meet with #FNCCI President #Mr.ChandraPrasad Dhaka and other members. We exchanged views in further promote cooperation in all business sectors and jointly improve Nepal's investment environment for FDIs. Looking forward to fruitful collaboration in the future. pic.twitter.com/JAoqptFhGI
— Ambassador Chen Song (@PRCAmbNepal) August 8, 2023
Stating that FNCCI has been promoting small enterprises, he urged the Chinese embassy in Nepal to facilitate micro-entrepreneurs for exposure visits to China, said the press statement.
Further, he drew the attention of the Chinese ambassador towards the possibility of Chinese banks entering Nepal's banking sector.
Dhakal appealed to the Chinese envoy to take initiative to effectively operate Tatopani Check Point which had long been inoperative.
Chinese Ambassador Chen said that Chinese investors were excited to invest in Nepal, especially in manufacturing industries, agriculture and energy among other sectors and pressed for creating an enabling environment in Nepal for the same.
According to him, there should be an arrangement for the investors to return investments to their homes conveniently.
Pointing out the need for stability at policy level and straightforward dealings, he presented the instance of China becoming the globally leading manufacturer due to foreign investment. He informed that discussions were being held regarding the resumption of Tatopani Check Point and Chinese banks' entry into Nepal.
