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مؤتمر نيبال للاستثمار | Nepal Investment Summit

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قمة نيبال للاستثمار 2024 وفرص الاستثمار والتنمية الاقتصادية - أخبار وتحليلات - د. هشام منصان

Nepal Investment Summit

At the invitation of the Government of Nepal, I had the pleasure of participating in the Nepal Investment Summit, held in Kathmandu on 28–29 April 2024. It was an experience I greatly value, as it offered a direct opportunity to understand Nepal’s economic vision, explore the investment opportunities being presented, and meet government representatives, business leaders, investors, and participants from different countries.

For me, attending the Summit was not merely participation in an international event. From the outset, I was keen to view it within a broader context. Nepal, widely known for its unique mountainous landscape and strong tourism profile, was seeking through the Summit to present a more comprehensive picture of its economy and highlight the opportunities available across a range of sectors, while sending a clear message to international investors that the country is looking to attract capital, expertise, technology, and partnerships capable of supporting its development path.

The Summit also took place at a time of increasingly intense competition among countries seeking to attract foreign direct investment. Investors today no longer look only at the project itself; they also assess the regulatory environment, procedural clarity, policy stability, ease of doing business, and the state’s ability to turn announced opportunities into projects that can actually be implemented.





Why Was the Nepal Investment Summit Important?

According to the official materials published about the Summit, the event formed part of a broader government effort to improve the investment climate and introduce opportunities available to both domestic and international investors. It was clear that the objective went beyond presenting a list of individual projects; it also sought to communicate a wider vision of the role of investment in the country’s economic development plans.

From my observation of the Summit’s proceedings, I was particularly struck by the emphasis placed on the private sector, foreign investment, partnership development, and creating an environment better able to attract capital and expertise. Sectors such as energy, infrastructure, tourism, industry, agriculture, and services also received notable attention within the broader framework of opportunities Nepal is seeking to develop.

In my view, one of the most important aspects of Nepal’s experience lies in its attempt to transform its natural resources, geographical position, and development needs into opportunities with genuine investment potential. Need alone does not create an opportunity, and resources alone do not guarantee investment. Real value begins when a country is able to present a clear project, a comprehensible regulatory environment, and a practical route that gives investors confidence in implementation and continuity.

A Geographic Position with Broad Potential

Nepal occupies a highly distinctive geographical position between India and China, two of the largest economies in Asia and the world. This location gives Nepal an importance that extends beyond its borders or the size of its domestic market, particularly when considering the future potential for trade, connectivity, and economic integration with a vast regional environment.

This dimension was very much present in my own reading of the Summit. Investment in emerging markets is not always measured solely by the size of the current domestic market, but also by the growth opportunities that future transformations may create and by the potential access to wider markets.

Nepal also has significant potential in hydropower, in addition to its well-known tourism resources and its continuing need to expand infrastructure, services, and development projects. These sectors make it a market worth following, particularly for investors taking a medium- to long-term view rather than focusing only on traditional and already saturated markets.

Meetings and Discussions on Cooperation Opportunities

One of the aspects I value most about my participation in the Summit was the opportunity it created for direct meetings and discussions with a number of business leaders, investors, and participants from different countries. In my view, the true value of international conferences does not lie only in formal speeches or scheduled sessions, but also in the spaces they create for networking, exchanging experience, understanding markets, and exploring areas of cooperation.

Among the meetings I particularly appreciated was my meeting with Mr. Nava Raj Subedi, who at the time served as Nepal’s Ambassador to the Kingdom of Saudi Arabia. We had a cordial and constructive discussion on cooperation opportunities and areas of investment, as well as the potential that relations and communication between Nepal and Saudi Arabia could offer for building partnerships and expanding areas of mutual cooperation.

For me, this discussion was one of the meaningful aspects of the Summit because such meetings allow opportunities to be assessed in a more realistic way, beyond general presentations, while also creating space for an exchange of perspectives on investor needs and on what emerging markets can offer in terms of new possibilities.


Investment Depends on More Than Opportunities Alone

Based on my legal and professional experience, I have always viewed investment as an integrated relationship between the economic opportunity and the legal and institutional environment. An investor may be attracted by a promising project, but before making a decision, they also need to understand the governing rules, available protections, licensing mechanisms, clarity of obligations, dispute-resolution procedures, and the degree of stability within the environment in which they will operate.

It was therefore notable that preparations for the Summit coincided with official attention to improving the investment environment and reviewing several regulatory and legislative aspects relevant to investment. In my view, the success of such efforts should not be measured only by the number of projects presented during the Summit, but by the country’s ability, in the period that follows, to convert international interest into actual investment, maintain investor confidence, and provide a practical experience marked by clarity and stability.

My Impression of the Experience

I left the Summit with a positive impression of Nepal’s seriousness in seeking a more visible place on the international investment map. I observed a clear interest in engaging with investors, presenting opportunities and capabilities, and building channels of communication with private-sector representatives and international partners.

At the same time, I believe that the path ahead for any emerging market remains closely connected to its ability to continue improving the business environment, simplifying procedures, strengthening confidence, and turning what is presented at conferences into tangible results on the ground. A summit may open the door, but it is not the end of the road. Real success begins when investors find that public commitments are matched by clear procedures and institutions capable of implementation.

My participation in this event was an important professional and personal experience. It gave me the opportunity to gain a closer understanding of Nepal, learn more about aspects of its development vision, and engage in direct discussions on cooperation and investment. It also reaffirmed for me that the global economic landscape is changing rapidly, and that opportunities are not found only in large and well-established markets. They may also emerge in developing countries that possess a clear vision, promising resources, and a genuine ambition for growth.

I extend my sincere thanks to the Government of Nepal for the kind invitation, to the organisers of the Summit, and to everyone I had the opportunity to meet and engage with during this participation.

Dr. Hisham Mensan

Sources
Government of Nepal – official materials related to the Nepal Investment Summit.
Investment Board Nepal – information and promotional materials concerning investment opportunities and projects.
Ministry of Finance, Government of Nepal – official materials relating to economic and investment policies.
UNCTAD – materials and statements related to the Nepal Investment Summit and sustainable development.

Official materials issued by relevant Nepalese governmental and diplomatic bodies in connection with the Summit.

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Dr.Hisham Mensan
Dr.Hisham Mensan
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