Security tightened for 3rd Investment Summit 2024 in Kathmandu

Kathmandu: The government has ramped up security measures for the upcoming Third Investment Summit 2024, scheduled to be held at the Soaltee Hotel in Tahachal, Kathmandu, on April 28 and 29. The heightened security arrangements aim to ensure the safety of attendees and guests participating in the prestigious event.

With a comprehensive agenda featuring 10 sessions, over 50 distinguished speakers, and an anticipated attendance of more than 1000 potential investors, security protocols have been intensified across Kathmandu. Police personnel, supported by the Armed Police Force, will oversee security operations, escorting guests from the hotel to the summit venue.

The District Security Committee has strategized to mobilize all available security personnel for the summit, with approximately 1,100 personnel expected to be deployed directly or indirectly at the Soaltee Hotel under the supervision of a DSP.

The summit agenda is structured to commence on Sunday at 8 AM, with registration followed by an opening session at 9:30 AM. Prime Minister Pushpa Kamal Dahal, Finance Minister Barshaman Pun, and representatives from the private sector are slated to deliver speeches during this inaugural session, expected to last around 2 hours and 15 minutes.

Subsequent sessions will delve into various facets of investment potential and opportunities in Nepal, including a showcase of 148 projects identified by the Investment Board Nepal (IBN). Notable activities include meetings between the prime minister and select businessmen, as well as a session with the finance minister and development partners scheduled for Monday morning.

The second day’s agenda features sessions focused on renewable energy, finance, tourism, agro-processing supply chains, innovation, and information technology sectors. Additionally, the summit venue will host 25 stalls providing detailed information about various investment projects.

Furthermore, the summit will witness the signing ceremony of Project Development Agreements (PDAs) for three significant projects: the China-Nepal Friendship Industrial Park, Upper Marsyangdi-2 Hydropower Project, and Kohalpur and Banganga Solar Energy Project, highlighting the nation’s commitment to fostering strategic partnerships and sustainable development initiatives.