Tuesday, April 9, 2019

French business team discuss investment in Nepal

Nepali and French business person discussed probability of investing in Nepal.
The French Embassy in Nepal in collaboration with Federation of Nepalese Chambers of Commerce and Industry (FNCCI) organised a Nepal-France Business Forum today with the view of increasing trade, commerce, and investment relations between Nepal and France.
At the programme finance minister Dr Yuba Raj Khatiwada and Investment Board Nepal (IBN) chief executive Maha Prasad Adhikari briefed the visiting delegation about the current Nepali business, and investment climate, opportunities, and legal reforms.
Head of Regional Economic Service at the French Embassy in India Jean-Marc Fenet accompanied the representatives of the French companies to Kathmandu. The companies included AETS Consultants, Bureau Veritas, Gemalto, IDEMIA, IN GROUPE, LUMIPLAN ITS India Pvt Ltd, POMA India, Mecamidi HPP India Pvt Ltd, TRACTEBEL Eengineering Pvt Ltd, Thales NSEA PTE Ltd, Thales India Pvt Ltd, L’OPERA and PERNOD RICARD India (P) Ltd.
The French companies – from a diverse background – are from smart city, agro and aviation sectors, according to a press release issued by the embassy today. They also held the business-to-business meetings to explore the investment opportunity in Nepal.
The main objective of the visit, which is a follow up to the recently held Investment Summit 2019, is to explore trade and investment opportunities in Nepal, and is one of the major events as part of the celebration of the 70th anniversary of the establishment of diplomatic relation between Nepal and France, the press release reads.

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