Nepal's Ambassador to Bangladesh Ghanshyam Bhandari has highlighted the growing economic engagements between Bangladesh and Nepal, and shed light on the progress achieved in sectors such as trade, connectivity, energy, and tourism, among others. Report UNB
Referring to the first-ever flow of 40 MW hydroelectricity from Nepal to Bangladesh, he underscored that energy cooperation provides mutual benefits not only to the two countries but also to the entire South Asia region.
The Nepal Embassy organized a program on “Trade and Investment Linkages between Nepal and Bangladesh” on Wednesday evening.
The Ambassador urged Bangladeshi business leaders to build synergistic partnerships with Nepal’s business community and utilize investment opportunities available in Nepal.
Speaking as special guest, Chief Executive Officer of Investment Board Nepal, Sushil Gyewali, made a comprehensive presentation on Nepal’s investment climate, opportunities, and priority sectors.
He outlined Nepal’s strategic initiatives to create a conducive environment to attract foreign direct investment and elaborated investment opportunities in priority sectors such as energy, tourism, agriculture, information and communication technology, urban infrastructure, health, manufacturing, and mines and minerals.
Executive Member of Bangladesh Investment Development Authority (BIDA) Dr Khandoker Azizul Islam discussed Bangladesh’s investment priorities and expressed commitment to work together with Nepal to strengthen investment ties in mutually beneficial areas.
Chairman of the National Bank Ltd. and former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Abdul Awal Mintoo shared his perspectives on doing business in Nepal and underlined the need to consolidate economic ties between the two countries.
During an interactive session, CEO Sushil Gyewali and Ambassador Ghanshyam Bhandari responded to the concerns and queries of the participants.
The event brought together eminent business leaders of Bangladesh including representatives of Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Dhaka Chamber of Commerce and Industry (DCCI).