NDEX Money Expo 2012 From August 31

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A three-day NDEX Money Expo 2012 will take place in the capital from August 31 to September 2. ‘Arthik Abhiyan’ daily and Jamb Technologies in association with Minds Nepal and Morningstar Investment Services are organizing the event.

Inspired from the success of Money Expo 2011 held last year, and being able to obtain wide appreciation from different business groups, visitors, regulatory bodies and participants; “NDEX Money Expo 2012” is believed to be a mega financial event. Being the largest finance and investment show in Nepal, it will focus on the promotion of investment opportunities and wealth protection strategies.

Suraj Vaidya, President of Federation of Nepalese Chambers of Commerce and Industry (FNCCI), said that the expo would help in motivating the investors and bring in investment by creating environment for interaction between different industrialists and business giants.

“Events like this should be organized at regular intervals as they will definitely help improve investment climate in the country,” said Radesh Pant, CEO of Investment Board. Confederation of Nepalese Industries (CNI) Vice President Hari Bhakta Sharma urged the private sector to issue white paper to pressure the government. “Private sector must unite for a common minimum economic agenda and build pressure on the government,” he said.

Similarly, Director of Nepal Rastra Bank Ashwani Kumar Thakur also urged to separate politics and economy for prosperity. Thakur told that he believes events like NDEX Money Expo 2012 would be highly effective to encourage and motivate investors.

Bishnu Prasad Dhakal, Under Secretary at the Ministry of Industry, told that events like NDEX Money Expo 2012 should be a discussion platform on choosing the appropriate economic model of the country. He emphasized that the entrepreneurs should focus on the sectors having higher competitive advantage. Dhakal urged that domestic businesspersons should focus more on agriculture and hydroelectricity generation.

“It will offer complete financial and investment solutions,” said Chairman of Arthik Abhiyan daily Madan Lamsal. The expo will focus on the promotion of investment opportunities and wealth protection strategies, he said.

Speaking at the event, Kush Kumar Joshi, Chairman of Nepal Infrastructure Development Company Ltd, said that until and unless there is sufficient domestic investment, foreign investment cannot be expected. He urged collection of funds from the domestic sector for the infrastructure development of the country. He added that the basic prerequisite in inviting foreign investment is the development of the internal infrastructure. The expo is a unique businessnetworking event for the companies of financial sectors and their constituents. It provides investors a valuable opportunity to speak directly with the nation´s top financial experts related to trading and investment, banking, insurance, mutual funds, stocks, tax strategies, commodities and personal financial planning.

The expo will have more than 122 stalls of different regulatory bodies, stock and commodity exchanges, banks and financial institutions, merchant bankers, investment companies, brokerage companies, remittance companies, insurance companies, depositors and clearing houses, portfolio management companies, financial knowledge management and training institutes, microfinance and cooperatives, traders and investors associations and clubs and financial domain technologies among others. Besides, various other events like seminars and speeches from financial experts, regulators, analyst and top investors, art exhibition and quiz contest, national and international currency show, trading and investment movie show will also be organized at the sidelines of the expo.


The organizers are expecting a footfall of more than 300,000 at the event.


 

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