462 Investors out of 1,355 Invitees Confirm their Participation for Investment Summit

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462 Investors out of 1,355 Invitees Confirm their Participation for Investment Summit

April 18: One-third of investors and officials who have been invited by the Investment Board Nepal for the upcoming Third Investment Summit have confirmed their participation as of Wednesday.

The board has sent invitations to 1,355 individuals to attend to the conference. Among them, 462 people have confirmed their participation but the list of attendees does not include any renowned businessmen.

The government has left no stone unturned to invite rich and famous businessmen to the upcoming investment summit scheduled for April 28-29.

Former Finance Minister Dr Prakash Sharan Mahat had invited businessman Gautam Adani when he reached India's Gujarat, while the government has sent letters to world-famous businessman Elon Musk, India's richest man Mukesh Ambani, China's successful entrepreneur Jack Ma and others.

An official of the Investment Board informed New Business Age that these businessmen have not confirmed their attendance for the conference as of Wednesday.

"There are no well-known celebrity businessmen in this list so far," said the official, "There are many businessmen from China in the list of those who have accepted Nepal's invitation.

Most of the businessmen who have confirmed their participation in the investment summit are from China followed by Indian investors.

"We have done our job," said the official, adding, "Now, it is up to them. They can come here on their own or they can inform us a few days before coming.”

According to the Investment Board, those confirming their participation include heads of various delegations, officials of the Chamber of Commerce, deputies of international financial institutions and other officials. Investors and officials from 36 countries have confirmed their participation in the summit.

Most of the attendees are domestic businessmen of Nepal (161). Then there are notable investors from China, India, Germany and other countries which have confirmed their participation.

According to the Investment Board, 2 to 5 representatives will come from Singapore, Malaysia, Russia, Finland, Colombia, Canada, Qatar, European Union (EU), Belgium, Bahrain, Austria. The board confirmed that one person each will come from Vietnam, Vanuatu, Turkey, Thailand, Switzerland, Sri Lanka, Saudi Arabia, Romania, Morocco, Mauritius, Cyprus.




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