KATHMANDU, FEB 16 - Development of three FDI-funded hydropower projects is all set to move ahead, with the Industrial Promotion Board (IPB) on Sunday giving its go-ahead. The 214th meeting of the IPB chaired by Industry Minister Mahesh Basnet cleared a proposal of 92 percent foreign direct investment (FDI) and 8 percent domestic investment in 65MW Kaligandaki Upper Hydro Project. …
Source: http://www.nepalitimes.com/blogs/thebrief/2015/02/12/solid-start/ A much-delayed project to manage solid waste in an integrated way is finally gaining momentum in Kathmandu Valley. With Investment Board Nepal (IBN) giving its nod to Nepwaste Pvt. Ltd and Clean Valley Company Pvt. Ltd to prepare a detailed project report (DPR) for Kathmandu Valley Integrated Solid Waste Management, the six-year-old public-private-partnership project is set in motion. …
Source of this article is eKantipur: http://www.ekantipur.com/2015/02/13/business/nepal-us-expected-to-sign-pact-within-a-year/401639.html KATHMANDU, FEB 13 - Nepal and the United States are expected to sign an agreement within a year, enabling Nepal to get funding for commonly identified infrastructure projects under the Compact Programme of the US government’s Millennium Challenge Corporation (MCC). The MCC board in December 2014 had selected Nepal under the Compact Programme. …
Silver Heritage - a leading game operator in East Asia, is aggressively pushing in Nepal with a phased investment plan of more than $100 million in developing a chain of five-star resort facilities across Nepal. Below is what Silver Heritage has in its website and the article that appeared in Kantipur Daily. Tiger Palace - A Chain Of 5 Star …
We are hiring...again! Position Title: Associate Position Type: 6 months initial contract with potential for extension Location: Kathmandu, Nepal About Us The Udaya Group (TUG) is a professional service firm that provides advisory, consultation and project development solution to global clients ranging from startups to larger organizations. We are looking to build our resource capability in Nepal. For more information …
Daniel Workman of the Emerging Frontiers recently interviewed Shikhar Bhattarai, Founder of The Udaya Group, on investment opportunities in Nepal. Please follow the link to Emerging Frontier's original page. http://www.emergingfrontiers.com/article/20293-the-himalayan-hope-nepal Click to listen to the interview.
The next big thing in Nepali capital market and overall economy is hydropower. The new entrants in Nepal Stock Exchange (NEPSE) are mostly hydropower companies. There will be at least 16 hydropower companies within two years. Currently, there are 6 listed hydropower companies in NEPSE. With plenty of hydropower companies in the IPO pipeline, general investors may have trouble choosing …
Nepal is a landlocked Himalayan nation with a population of just under 30 million. Located between India and China, two of the largest and fastest growing economies of the world, Nepal promises tremendous investment potentials. With liberal policies adopted by the Government of Nepal, it has attracted the attention of many foreign investors in recent years particularly in hydropower, agriculture, …
