Kathmandu: A high-level Nepal-UK Investment Meeting was held on July 2 at the House of Lords in London, jointly organized by the Nepal German Chamber of Commerce and Industry (NGCCI) and the Nepal Centre UK.
The event aimed to explore trade and investment opportunities between Nepal and the United Kingdom and encourage British investors to engage in Nepal.
Senior government officials and business leaders from both countries participated in the meeting, where discussions centered on Nepal’s potential for foreign investment, particularly in the energy, infrastructure, and tourism sectors.
Speaking at the event, Sushil Gyawali, CEO of the Investment Board Nepal (IBN), highlighted Nepal’s improving investment climate. He emphasized that Nepal has streamlined investment processes and introduced attractive incentives.
Gyawali urged UK investors to tap into Nepal’s vast opportunities, particularly in hydropower, airport modernization, and the hospitality industry.
Baroness Verma, addressing the gathering, stated that Nepal’s strategic location between India and China makes it an ideal investment destination.
She encouraged British businesses to seriously consider Nepal’s untapped potential.
While expressing optimism about Nepal’s reforms, some UK-based entrepreneurs also raised concerns about the implementation of policies. London-based tech entrepreneur George Chacko praised Nepal’s investment policies as promising but stressed the need for consistent execution.
Rabindra Jung Lamichhane of Gini London pointed out bureaucratic obstacles that still hinder investments.
NGCCI President Santosh Chandra Kunwar, who facilitated the meeting, urged entrepreneurs to increase investment in Nepal, stating that the country is becoming increasingly attractive for foreign investors.
Nepal’s Ambassador to the UK, Chandra Ghimire, assured full support from the embassy to serious investors. He also discussed Nepal’s ongoing efforts to create a sustainable and investor-friendly environment.
Fashion designer Sanyukta Shrestha presented successful case studies of UK-Nepal industrial collaboration, drawing attention to real-world investment success stories.
Nirmal Kumar Thapa of Nepal Centre UK, one of the key organizers, remarked that such dialogues are instrumental in enhancing Nepal-UK economic cooperation. He also shared that a British trade delegation is expected to visit Kathmandu later this year, with several UK companies already showing interest in Nepali ventures.