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Nepal could be a prime destination for Chinese investment and tourism


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2023 Aug 08, 20:13,
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Federation of Nepalese Chambers of Commerce and Industry (FNCCI) President, Chandra Prasad Dhakal and Chinese Ambassador to Nepal, Chen Song, held a meeting today.

In the meeting held at the office of FNCCI, 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 the Federation.

On the occasion, Dhakal said Nepal's manufacturing sector, energy and tourism infrastructures sectors among others had good prospects for foreign investment.

Emphasizing on direct flight to all international airports of Nepal from China's major cities for tourism promotion, he urged the Chinese envoy to consider Nepal as a priority in the list of major destinations for Chinese tourists.

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.

Furthermore, he drew attention of the Chinese ambassador towards the possibility of Chinese banks entering Nepal's banking sector.

On the occasion, the FNCCI President appealed to the Chinese envoy to take initiatives for effective operation of Tatopani Check Point that had long been inoperative.

In reciprocation, Chinese Envoy Song said that the 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 conveniently return investment to their homes.

Pointing out the need for stability at policy-level and easy dealings, he presented the instance of China becoming the globally leading manufacturer due to foreign investment.

He informed that discussions were being held regarding resumption of the Tatopani Check Point and Chinese banks' entry into Nepal.

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Nepalese Chambers of Commerce and Industry Chandra Prasad Dhakal Tatopani Check Point FNCCI
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