E-Kantipur

KATHMANDU, JUL 30 -

The Federation of Nepal Chambers of Commerce and Industry ( FNCCI ) is hosting the 26th annual conference of the Confederation of Asia-Pacific Chambers of Commerce and Industry ( CACCI ) in Kathmandu from Oct 3-5, 2012. The conference aims at attracting business leaders from the countries new to Nepal in terms of foreign investment with a theme “A Vision for Shared Prosperity”.

According to the federation, some 300 businessmen from 27 Asia-Pacific countries will participate in the event, which is expected to provide a platform to expand the country’s industrial and business opportunities. The conference is being held in Nepal, coinciding with the government’s announcement to mark the current fiscal year as Nepal Investment Year (NIY) and Visit Lumbini Year (VLY)-2012. “We are getting an opportunity to host this conference for the first time. We hope it’s going to be a historical event that could bring in economic transformation in the country,” said Pradip Kumar Shrestha, former president of the FNCCI and executive member of the CACCI .

FNCCI Senior Vice-president Bhaskar Rajkarnikar said that the conference would offer Nepal an opportunity to explore business prospects. The conference features break-out sessions, business-to-business (B2B) meetings and signing of memorandum of understanding (MoU). The programme is designed to make the Kathmandu gathering important occasion for CACCI members to discuss current business issues and explore possible areas of cooperation.

The break-out sessions will be organised on sectors of interest to members, such as tourism, construction and contracting, food and agriculture, water and energy, SME development, young entrepreneurs, women entrepreneurs and ICT. Likewise, B2B meetings feature one-on-one business matching sessions between CACCI delegates and Nepalese businessman from various industry and service sectors to explore possible opportunities for business, trade and investments.

The two-day event will also offer opportunities for perspective investors to sign MoU with FNCCI and other CACCI members on defined areas of cooperation. “Beside attracting foreign investors, the conference will also help Nepali business leaders to extend relationship with the entrepreneurs at international level,” Om Rajbhandary, coordinator of the conference said. The FNCCI is preparing to present around 60 projects in order to attract investments. The 25th CACCI conference was held in Turkey last year, while the Philippines will play host to the next event.

 

Posted on: 2012-07-30 08:43

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