Saturday, July 15, 2023

Netherlands envoy commits facilitating Dutch investment Nepal

 Kathmandu, July 13

Ambassador of the Netherlands to Nepal, India, and Bhutan, Marten van den Berg, has expressed his commitment to facilitating Dutch investment in Nepal by actively engaging with the private sector in the Netherlands.

During a meeting with the President of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), Chandra Prasad Dhakal, at the latter's office on Thursday, Ambassador Berg expressed his intention to leverage his position to encourage Dutch businesses to explore the vast potential of the Nepali market, taking into account the favourable investment climate and emerging opportunities.

Ambassador Berg also shared his plans to consult with the economic unit in New Delhi, India, with the aim of extending support to startups and other businesses in Nepal, informed Dhakal's secretariat in a statement.

By leveraging existing networks and resources, he intends to foster an environment conducive to entrepreneurship and innovation, thereby contributing to the overall economic development of Nepal.

The statement said that the meeting was held to explore investment opportunities and foster collaboration for Nepal's economic growth.

During the meeting, Dhakal emphasised the immense potential for investment in Nepal across various sectors, including energy, tourism, manufacturing, ICT, and agribusiness.

He highlighted Nepal as a highly attractive investment destination, citing ongoing efforts in infrastructure development, digital transformation of the economy, promotion of agro based industries, and overall industrial growth.

Likewise, Dhakal expressed his keen interest in the Netherlands' active participation in these sectors, recognising the possibilities for mutually beneficial partnerships.

He emphasised the importance of skill development for Nepali workers in semi-skilled and high-skilled jobs, seeking support from the Netherlands in this area. Moreover, Dhakal expressed FNCCI's strong desire to establish robust business linkages between the private sectors of Nepal and the Netherlands.

He urged Ambassador Berg to explore partnership opportunities with the business chambers of the Netherlands, envisioning collaborative initiatives that would drive economic growth and bilateral trade.

Both parties expressed their commitment to collaboration and investment, with the expectation that this partnership will unlock new avenues for growth, facilitate knowledge exchange, and create mutually beneficial opportunities for businesses in both countries.

 Published in The Rising Nepal daily on 14 July 2023.   

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