Kathmandu, Dec. 11: Hong Kong
based Nepalese businessmen Sunday said that they had been working to send
foreign investors to Nepal for investment and technology transfer.
"Hong Kong is a business
and financial hub of Asia and businesspersons around the world are conducting
their business from the island. Therefore, it could be an excellent platform
for investment promotion," said Dasu Ram Parajuli, president of Nepal
Chamber of Commerce Hong Kong, in an interaction programme organized here.
He said that the Chamber was
planning to hold some business meetings and interactions in collaboration with
the Nepalese Consulate in Hong Kong.
According to Parajuli, the
chamber was planning to attract foreign investment in tourism and agro-business
in Nepal.
"We are also creating an
investors pool to raise about 250 million to 300 million dollar to make
investment in large projects. It is better to make large investment
collectively than establishing small projects at individual level," he
said.
A lawyer by profession,
Parajuli runs travel and tourism, and construction business in Nepal and Hong
Kong.
G. P. Shrestha, chief executive
officer of Creative Universal Limited said that a group of Non- Resident
Nepalese and foreign investors was planning to make large investment in Africa,
specially in Madagascar.
The
company had leased about 2,400 square kilometer land in Madagascar and plans to
invest in agriculture, fishery, candle, and FMCG industries. 
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